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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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  •  
    Zbodhimama San Diego, CA USA 06-14-12
    Zbodhimama San Diego, CA USA 06-14-12 Member Since 2001

    spiritabroad

    HELPFUL VOTES
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    "Good sense, not common sense, about our economy."

    Nobel prize winning economist Paul Krugman's book makes a clear and accessible case for the lay reader about why governmental economic stimulus is a rational and necessary approach to shortening the financial crisis we are in and explains why austerity measures may seem sensible to some people, but are the worst thing we could do in hard times. Rob Shapiro's narration was appropriate and easy to listen to. Just right for the content.

    0 of 0 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 2 people found this review helpful
  •  
    Bob V. 05-28-12
    Bob V. 05-28-12 Member Since 2010
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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 6 people found this review helpful
  •  
    Jorge Martinez, Argentina 06-18-12
    Jorge Martinez, Argentina 06-18-12 Member Since 2011
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    "Too vague a solutiom"

    An adequate analysis that does support efficientlly the solution proposed. Nonetheless, it makes for a very interesting audio book.

    0 of 1 people found this review helpful
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