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Thomas

chapel hill, NC, United States | Member Since 2006

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  • End This Depression Now!

    • UNABRIDGED (8 hrs and 4 mins)
    • By Paul Krugman
    • Narrated By Rob Shapiro, Paul Krugman
    • Whispersync for Voice-ready
    Overall
    (247)
    Performance
    (205)
    Story
    (202)

    The Great Recession that began in 2007 is now more than four years old - and counting. Some 24 million Americans are unemployed or underemployed, and at recent rates of job creation we won’t be back to normal levels of employment until late this decade. This is a tragedy. Do we have to accept it? "No!" is the resounding answer given by Nobel Prize-winning economist Paul Krugman in this call to arms. We have seen this situation before and we know how to fix it; all we lack is the political will to take action.

    Michael says: "Listen to this before you vote!"
    "Too one sided, slow"
    Overall
    Performance
    Story

    I expected a diatribe and that is what I got, but even the there are so many unsubstantiated opinions that leaves one asking why not back up your arguments better. One recollection I have is a sentence that the European ministers increased interest rates because of an unfounded fear of inflation. Well these are smart people too. Why were they fearful? What signals were they misreading?

    Also fundamentally this whole book comes down to thinking that World War II is a model for everything, and how do we know that this applies today?

    Finally the reading was waaaaaayyyyyy too slow and boring and drawn out.

    1 of 1 people found this review helpful

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