Synopses & Reviews
In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here brilliantly combines the acerbic style and clever analysis that has made Krugman famous. Imagine declaring New York its own country and you get a better picture of our trade balance with China and Hong Kong. Try reducing the economy to the production of hot dogs and buns and you'll understand why common beliefs about the impact of production efficiency on labor demand are wrong. This is a collection that will amuse, provoke, and enlighten, in classic Paul Krugman style.
"[Paul Krugman is] probably the most creative economist of his generation." The Economist
"Everything Mr. Krugman has to say is smart, important and even fun to read...he is one of a handful of very bright, relatively young economists who do everything well." New York Times Book Review
"Krugman spices these 25 articles with pungent opinions and clearly explained principles that should enlighten those rightly skeptical of politicians' sound-bite assertions masquerading as economic facts." Booklist
Winner of the John Bates Clark Medal
About the Author
Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He writes a twice-weekly op-ed column for the New York Times and a blog named for his 2007 book, The Conscience of a Liberal. He teaches economics at Princeton University.