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End This Depression Now! | [Paul Krugman]

End This Depression Now!

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.
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Publisher's Summary

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. Krugman walks us through the financial crisis that triggered the greatest downturn since the Great Depression and outlines the efforts that have been made thus far.

The way forward is clear: Our priority must be to get ourselves back on the path to growth; every day that we lag behind normal production levels only adds to the astronomical economic loss of this depression. What we need for a rapid, powerful recovery is precisely what we've needed in crises past - a burst of government spending to jump-start the economy. We owe it not only to the unemployed, but to everyone affected by this tragedy to end this depression now.

Download the accompanying reference guide.

©2012 Paul Krugman (P)2012 Random House Audio

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  •  
    Fred Princeton, NJ, United States 06-18-12
    Fred Princeton, NJ, United States 06-18-12 Member Since 2005
    HELPFUL VOTES
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    "Great book for a scientist"
    Would you listen to End This Depression Now! again? Why?

    I never appreciated how well a real economist can explain economics in scientific terms. I am so used to hearing it from the POV of "traders" and "talking heads". It gives me hope there is a solution to this "depression". However, don't expect this book to make you feel good. It is rather sobering.


    What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?

    Due to the immensity of the topic, I tried to read it from the library but it would have taken too long to read. The audio version allowed me to get through it easily.


    What’s the most interesting tidbit you’ve picked up from this book?

    The nature of liquidity and how important it is. Also, it is sobering to think our legislators are so determined to go the austerity route that has failed in every instance.


    2 of 4 people found this review helpful
  •  
    Rocky P Owyhee, NV, United States 06-04-12
    Rocky P Owyhee, NV, United States 06-04-12
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    "Totally Refreshing!"
    Where does End This Depression Now! rank among all the audiobooks you’ve listened to so far?

    Top 5 all time


    What did you like best about this story?

    Its common knowledge backed with hard stats


    What do you think the narrator could have done better?

    Totally hated the Narrator, since author Paul Krugman would've been the obvious choice, because he naturally has that wise guy type sarcastic humor


    Was this a book you wanted to listen to all in one sitting?

    No! you will def need to break it off in multiple sessions, i prefer them during my long drives


    Any additional comments?

    Awesome well researched masterpiece, luv it

    2 of 4 people found this review helpful
  •  
    Alex 06-04-12
    Alex 06-04-12
    HELPFUL VOTES
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    "Perfect Narration for a Vital Economics Book"
    What did you love best about End This Depression Now!?

    Nobel-Princeton economist Krugman explains a complex situation so clearly, calmly, and factually. As an investor I need accurate and complete facts, not spin and shouting. But too many PhD economists these days emphasize spin and political bias over facts and logic.


    What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?

    Rob Shapiro also narrates "Predator Nation" a 2012 book by the award winning Charles H. Ferguson. I am halfway through it now. Another A+ narration.


    What’s the most interesting tidbit you’ve picked up from this book?

    The economy could easily have been cured in 2009 by applying basic freshman Economics 101. And it is not too late to do so now.


    2 of 4 people found this review helpful
  •  
    William Leawood, KS, United States 05-28-12
    William Leawood, KS, United States 05-28-12 Member Since 2015

    Bill K

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    "Sensible economics masterfully explained"

    Krugman brilliantly explains and documents how we will all be better off in the long run and short run by unfreezing the economy by embracing the time honored principles of Keynesian economics. A must read.

    2 of 4 people found this review helpful
  •  
    Greg North Vancouver, BC, Canada 05-28-12
    Greg North Vancouver, BC, Canada 05-28-12 Member Since 2008
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    "He reviews the situation clearly and logically"
    Would you recommend this audiobook to a friend? If so, why?

    Highly recommended - Great survey of how we got here - what are the issues facing us and what we need to do - Backed up with facts, figures, history and a workable model of the economy. I can see what he got his Nobel Prize.


    Was this a book you wanted to listen to all in one sitting?

    If I could


    2 of 4 people found this review helpful
  •  
    Bob V. 05-28-12
    Bob V. 05-28-12 Member Since 2012
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    "Krugman shows the way"
    What did you love best about End This Depression Now!?

    The logical reasoning to understandable conclusions based on reliable economics


    What did you like best about this story?

    The hope it provides that we can kick start this economy if only we can develop the political will.


    Which character – as performed by Rob Shapiro and Paul Krugman – was your favorite?

    N/A


    Did you have an extreme reaction to this book? Did it make you laugh or cry?

    no. There were a few funny parts describing the shenanigans of certain politicians.


    Any additional comments?

    This will make tea partiers nuts with anger.

    3 of 7 people found this review helpful
  •  
    J. Fitzpatrick Cincinnati, OH United States 05-30-12
    J. Fitzpatrick Cincinnati, OH United States 05-30-12 Member Since 2006

    Jim

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    "Excellent -- worth your time"
    If you could sum up End This Depression Now! in three words, what would they be?

    hopeful
    simple
    non-political


    What was one of the most memorable moments of End This Depression Now!?

    Why it works to spend in a Depression -- i.e., why J.M. Keynes was right


    If you were to make a film of this book, what would be the tag line be?

    a documentary of what we did wrong and what we might still do right....


    1 of 3 people found this review helpful
  •  
    Ethan L 03-05-13
    Ethan L 03-05-13
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    "Breaks down complex issues comprehensively."
    Would you consider the audio edition of End This Depression Now! to be better than the print version?

    I have not seen the print version.


    What did you like best about this story?

    Prof Krugman clarifies myths one by one. All the vague rhetoric is defanged.


    Have you listened to any of Rob Shapiro and Paul Krugman ’s other performances before? How does this one compare?

    No.


    If you could give End This Depression Now! a new subtitle, what would it be?

    Inflation Fears!


    0 of 1 people found this review helpful
  •  
    Lance White Wooster, Ohio United States 03-04-13
    Lance White Wooster, Ohio United States 03-04-13 Member Since 2015
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    "Enlightening"

    A very good book with common sense solutions to the nation's economic problems -- solutions that, no doubt, will continue to be ignored by the politicians in Washington.

    0 of 1 people found this review helpful
  •  
    Charles Cincinnati, OH, United States 01-22-13
    Charles Cincinnati, OH, United States 01-22-13
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    "Everyone in America should read this book"
    What did you love best about End This Depression Now!?

    Krugman clearly spells out why government intervention during recessions is necessary and conservative calls for less government are just wrong and mean spirited and threatening to our democracy.


    0 of 1 people found this review helpful

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