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Robert

San Diego, CA, USA | Member Since 2002

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  • The Return of Depression Economics and the Crisis of 2008

    • UNABRIDGED (6 hrs and 32 mins)
    • By Paul Krugman
    • Narrated By Don Leslie
    Overall
    (203)
    Performance
    (44)
    Story
    (47)

    In this new, greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession.

    John Satterfield says: "Buy the printed book"
    "Resting on his "Laureates"?"
    Overall

    I spent 2 credits hoping it would be worth it. It was not. Many leaps of faith - especially claiming that WWII was a Keynesian stimulus. CCC and WPA were, but WWII? Also, suggests there is a simple solution to the problems of the day, but this Nobel Laureate doesn't tell us what it is. Let me try. Work hard, spend less, import less, export more. It's a global economy with global competition. Geez. He gets three because there is much worse out there, but definitely not what I expected.

    17 of 36 people found this review helpful

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