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Powells.com Staff Pick
Though Paul Krugman has been sounding the alarm twice a week in his New York Times column, he is no alarmst. That such a distinguished economist has become so distressed about current policies should concern citizens of all political persuasions. That he writes about dry matters with such clarity and wit will delight them. Farley, Powells.com
Synopses & Reviews
A galvanizing new work from America's leading economic critic — a book that will set the terms of the political debate for years to come.
No one has more authority to call the shots the way they really are than Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine.
In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way. And he gives us the road map we will need to follow if we are to get the country back on track.
Review:
"Krugman is one of the few commentators able to sound both appalled and reasonable at the same time....Many readers will find Krugman very persuasive as to how our present government has done us wrong." Publishers Weekly
Review:
"This is a thought-provoking book, at times enraging or depressing, sometimes even funny (depending on one's political leanings). Highly recommended." Library Journal
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"Paul Krugman [has] become the most devastatingly precise voice of liberal outrage in American journalism. The Times' dismal scientist had swallowed a passion pill and turned into a partisan scrapper....The Great Unraveling collects Krugman's best work....This is columnizing of a very high order. But reading one 750-word column after another creates a monotonous prose rhythm over hundreds of pages that does not frame Krugman's writing in the best light. After reading dozens of columns you start to hunger for something more in-depth that might answer the central political problem of our era: With so much to get mad about, sitting in broad daylight, why hasn't America risen in rage?" Scott Rosenberg, Salon.com
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"The new Krugman book documents why this top-drawer academic economist deserves at least one Pulitzer Prize for his accurate Times op-ed columns that are a lone voice, telling things as they are and debunking Washington policies that are neither compassionate nor conservative. Plutocratic democracy is in the saddle. Rx. Krugman twice a week and in this coherent sum-up on relevant 2003-2010 economics. Buy. Read. Ponder. Benefit." Paul A. Samuelson, Institute Professor Emeritus, Massachusetts Institute of Technology
Review:
"Paul Krugman is the indispensable American columnist, a voice of truth in a political world of lies and calculated injustice. This book is even better. It makes the case, unrestrained by deference, that a revolutionary right-wing movement is out to transform the United States — and is succeeding, rolling over a supine press and political opposition." Anthony Lewis
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"Paul Krugman is the great discovery of recent American journalism. Lively, lucid, witty, superbly informed, his commentary on the state of the union is required reading for anyone concerned about the American future." Arthur M. Schlesinger, Jr.
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"The title of Paul Krugman's The Great Unraveling might well have been The Great Usurpation. In a republic hijacked by the radical right whose leaders reject the legitimacy of our current political system, Paul Krugman's coruscant book calls for a 'great revulsion' across the land before it is too late." David Levering Lewis, author of W.E.B. DuBois: Biography of a Race
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"You need to read this book, and when you do, you'll have only one response: it's time to get mad." Molly Ivins, author of Shrub and Bushwhacked
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"If I had a tenth of Paul Krugman's brain and a twentieth of his courage, I'd be the happiest person on the face of the Earth." James Carville
Synopsis:
In this long-awaited work containing economist Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, and how fiscal responsibility collapsed.
About the Author
Paul Krugman writes a twice-weekly column for the New York Times. A winner of the John Bates Clark medal for the best American economist under forty, he teaches at Princeton University.
