Reader Ratings: 403
Write a review
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;... more
Krugman’s book shows that we are not helpless...A hundred years of macroeconomics has given us the tools to tackle the problem: all we need is the political will to do so.
Full ReviewTo this Moderately Serious Reviewer, Krugman’s habit of bashing anyone who does not share his conclusions is not merely stylistically irritating; it is flawed in substance.
Full Review...he says: "Economics is not a morality play."...Maybe not, but economics does hinge on human behavior. And humans hate unfairness...
Full ReviewIt's the sort of book you wish were compulsory reading...because End This Depression Now! provides a comprehensive narrative of how we have ended up doing the opposite of what logic and history tell us we must do to get out of this crisis.
Full ReviewWhy can’t Krugman be more expansive in his perspective, stymie his class warfare urgings, and provide more comprehensive suggestions that include both stimulus and cost reductions?...I...understand why so many are ignoring his advice.
Full ReviewEnd This Depression Now! is a short book that shows some signs of hasty assembly from the raw materials on Krugman’s New York Times blog...
Full ReviewAn important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again.
Full Review...most likely unbeknownst to Krugman, he has provided support to the great Austrian economist Rothbard...But that's really the only thing of value in the book.
Full ReviewKrugman, who whatever his faults certainly is not lacking in technical sophistication, defends pretty much the cartoon version of Keynesianism that we are told is oversimplified.
Full ReviewAnd yet, despite his important insights, I believe that his liberal viewpoint is deeply flawed.
Full ReviewKrugman is an excellent writer with a gift for making the complicated understandable, and I recommend this brief book to anyone with a serious interest in what might be done to get us out of the current economic mess.
Full ReviewKrugman has consistently called for more liberal economic policies, but his wit and bipartisanship ensure that this book will appeal to a broad swath of readers--from the Left to the Right, from the 99% to the 1%.
Full ReviewPaul Krugman does better with a book length format than the near sound-bite space available in a column...The long form of a book allows Krugman the space to develop his arguments and to support his points with evidence and historical examples.
Full ReviewKrugman’s Krugman is, of course, John Maynard Keynes, and it is when the living economist is bowing and scraping at the altar of the dead one that he is at his least credible.
Full ReviewThe effect of his narrow set of recommendations is to defend the status quo ...I see little in his logic that would oppose Rubinomics, which has remained the Democratic Party’s program under the Obama administration.
Full ReviewThe only reason to dramatize the current slow expansion in the U.S. as a depression is to sell books and newspapers. This is consistent with what the New York Times ombudsman said was Krugman’s “disturbing habit of shaping, slicing and selectively citing numbers in a fashion that pleases his acolytes but leaves him open to substantial assaults.”
Full ReviewThe book frequently hits the mark, but there is a crucial weakness that undermines the power of Krugman’s case...Krugman disconnects his policy prescriptions from his diagnosis of the causes of the crisis.
Full Review...it would have made for a better book if he had offered a fuller discussion of the potential consequences of his policies, rather than evading it by citing Keynes’s famous observation that “in the long run we are all dead.”
Full Review...we get yet another potted history of how we got into this mess in the first place, and a pretty large dose of politics.
Full Review