End This Depression Now! and over 2 million other books are available for Amazon Kindle . Learn more


or
Sign in to turn on 1-Click ordering.
More Buying Choices
Have one to sell? Sell yours here
Sorry, this item is not available in
Image not available for
Colour:
Image not available

 
Start reading End This Depression Now! on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

End This Depression Now! [Audiobook] [Audio CD]

Paul Krugman , Rob Shapiro
4.3 out of 5 stars  See all reviews (63 customer reviews)
RRP: 24.78
Price: 22.11 & FREE Delivery in the UK. Details
You Save: 2.67 (11%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
Only 1 left in stock (more on the way).
Dispatched from and sold by Amazon. Gift-wrap available.
Want it Wednesday, 30 July? Choose Express delivery at checkout. Details

Formats

Amazon Price New from Used from
Kindle Edition 5.80  
Hardcover 12.89  
Paperback 6.99  
Audio, CD, Audiobook 22.11  
Multimedia CD --  
Audio Download, Unabridged 16.45 or Free with Audible.co.uk 30-day free trial

Book Description

May 2012

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.


Special Offers and Product Promotions

  • Audible.co.uk, an Amazon Company, is home to more than 100,000 audiobook downloads. Start a 30-day free trial today and get your first audiobook for FREE.




Product details

  • Audio CD: 7 pages
  • Publisher: Random House Audio Publishing Group; Unabridged edition (May 2012)
  • Language: English
  • ISBN-10: 0449806847
  • ISBN-13: 978-0449806845
  • Product Dimensions: 15.4 x 13 x 2.8 cm
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (63 customer reviews)
  • Amazon Bestsellers Rank: 1,125,207 in Books (See Top 100 in Books)

More About the Author

Paul Krugman writes a twice-weekly column for the op-ed page of the New York Times. A winner of the John Bates Clark Medal who was also named Columnist of the Year by Editor and Publisher magazine, he teaches economics at Princeton University.

Product Description

Review

"...a thoroughly persuasive polemic against premature fiscal austerity in the wake of a deep recession." Robert Harding, Financial Times "...Krugman divides opinion like no other. To his followers, he's a saint; to his detractors, he's a false prophet with satanic intent." Jeremy Warner, The Daily Telegraph "Krugman...most hated and most admired columnist in the US..." Martin Wolf, Financial Times "It's the sort of book you wish were compulsory reading, and want to quote to anyone who'll listen, 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." Decca Aitkenhead, The Guardian "Loathe him or love him - and Krugman's take-no-prisoners writing style has as many enemies as admirers - it is impossible to ignore him." Ben Chu, The Independent "I hope without much confidence that the book's wide readership includes the UK prime minister and chancellor." Samuel Brittan, Financial Times "Anyone persuaded by Osborne's eulogy of reduced deficits at the Mansion House last week should read Krugman's End This Depression Now! His plea for immediate, universal demand expansion is unanswerable." Simon Jenkins, The Guardian "[Paul Krugman] is one of a golden generation of economic thinkers...that have emerged to dominate the debate about the causes and consequences of slump." The Jewish Chronicle "Krugman is "feisty" and "sharp-elbowed": you might disagree with his thesis, but you'll keep on reading." The Week "Krugman is always an engaging writer and here he clearly sets out what must be done to get our economies back on track. Right on the money." The Crack Magazine "Furious but funny, Krugman's seductive style renders recondite theory readable for even the most economically illiterate." Word "He [Krugman] has written a useful and timely book." Morning Star "...an excellent introduction to the state of the world economy..." Gateway "...Krugman has written a tract for the times...It is succinct, polemical, satirical in places, advocating unashamedly Keynesian policies which, in his view, could rapidly end the recession and produce sustained growth." Socialist Alternative "Paul Krugman breaks the mould with this practical answer to our increasingly troubled times from an economist who proves consistently right." Jon Snow "...End This Depression Now! is a thoroughly captivating read which provides much food for thought..." The Business Economic "In this lively polemic, he [Krugman] makes a powerful case against austerity." Evening Standard "... this brilliant book..." Christmas Books 2012, Financial Times "Nobel Laureate Paul Krugman's End This Depression Now! explains in clear, accessible language why the US and UK need a fiscal stimulus and how an austerity policy is repeating the mistakes of the 1930s." --rian AshcroftThe Best Reads of 2012, Scotland on Sunday --This text refers to the Paperback edition.

About the Author

Paul Krugman, the recipient of the 2008 Nobel Prize in Economics, is a best-selling author, columnist and blogger for The New York Times. A professor of economics and international affairs at Princeton University, The Economist called him "the most celebrated economist of his generation". --This text refers to the Paperback edition.

Inside This Book (Learn More)
Browse and search another edition of this book.
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index
Search inside this book:

What Other Items Do Customers Buy After Viewing This Item?


Customer Reviews

Most Helpful Customer Reviews
42 of 47 people found the following review helpful
Format:Hardcover|Verified Purchase
As the title to this review suggests, this book convincingly argues that America (and in most cases the rest of the developed world) needs a boost in government spending to return our economies to a healthy state. As with all Krugman's books, this is very well written in an easy conversational style, which makes it very accessible to all those whom have only recently become interested in economics due to the recent troubles.

The books I value the most are those which generate within me challenging questions and gut reactions, and reading this book has left me with a disconcerting amount of both. Can it really be that simple? Why hadn't I seriously supported this before? Could America really just government spend it's way out of a recession? Imagine how much cash it would take! . . . But then I suppose back in the 1930s perhaps the prospect of more government debt was also very scary at the time, but after a few decades of growth and inflation the debt seemed paltry. (Reader warning, homespun analogy coming up): A number of years ago I was unemployed for a few months and became very conscious of what I was spending. After I returned to work I wished I had spent a sizeable bit of money on renovating my flat, which would have been a better use of my time!

One difference between now and the last depression was that back then America had valuable manufacturing strengths and advantages, not yet developed by the majority of the world. Where as now Asia has caught up by gaining many of these positive externalities. Krugman mentions in passing that: "it's long past time to take a tougher line on China and other currency manipulators, and sanction them if necessary".p221.
Read more ›
Was this review helpful to you?
60 of 68 people found the following review helpful
4.0 out of 5 stars Not for the Swabian Hausfrau 20 May 2012
By Diziet TOP 1000 REVIEWER
Format:Hardcover|Verified Purchase
Paul Krugman's purpose in writing this book is to:

'...go over the heads of the Serious People who have, for whatever reason, taken all of us down the wrong path, at immense cost to our economies and our societies, and to appeal to informed public opinion in an effort to get us doing the right thing instead.' (Intro, Pxii).

He starts out by analysing just what has gone wrong. Many, many writers have already done this, of course - David Harvey, Nouriel Roubini, Massimo Amato to name but a few - but Krugman's analysis is still really useful. He draws exact parallels between the Great Depression and the current so-called 'Great Recession', not only in terms of cause and effect but also in the variety of responses. His central thesis, however, is that:

'...this doesn't have to be happening [italics in original]...the problem isn't with the economic engine, which is as powerful as ever. Instead, we're talking about what is basically a technical problem, a problem of organization and co-ordination.' (P22)

We have reached a 'Minsky Moment' - as an economy expands, debtors and creditors are happy to borrow and lend until, suddenly, something pops.
Read more ›
Was this review helpful to you?
3 of 3 people found the following review helpful
3.0 out of 5 stars Clear and correct, but there is nothing new here 21 Jan 2013
Format:Hardcover
There is a spectre spreading across the Northern Hemisphere, the spectre of Austerity. Western Europe and North America are recording record low growth rates. Unemployment is rising, particularly among the young. Corporations are sitting on huge piles of cash and not investing. The future is bleak.

All this is because - don't forget - of the Financial Crises in 2008-09.

Western governments are responding to these terrifying prospects by cutting back on government spending and cutting back on social programs. When governments do this, it is called `austerity'.

Krugman does not like austerity and thinks little of the politicians and economists who champion it - `Austerians'. He thinks they make matters worse because by austerity results in there being less `aggregate demand' in the economy. During a recession or an economic slump, private companies and individuals stop spending money. This means that unless governments make up for the difference, things will only get worse.

This is, of course the standard Keynsian argument. Close to a century ago now, the famous British economist John Maynard Keynes argued that `the boom not the slump' was when austerity should be pursued. Keynes thought policy makes should focus on lowering unemployment and that the way to do this was to increase aggregate demand. Krugman follows closely in Keynes footsteps, quoting him frequently.

Krugman is completely right of course. History shows unambiguously that cutting back on government during a recession only makes things worse. For example, witness Britain tip towards an historically unprecedented triple dip recession under the `Austerian' David Cameron.

Krugman's writing is clean and concise.
Read more ›
Was this review helpful to you?
Would you like to see more reviews about this item?
Were these reviews helpful?   Let us know
Most Recent Customer Reviews
5.0 out of 5 stars Great writer, rigorous and accessible.
Perhaps if I didn't love Krugman's prose before this book, I love it now, he is a very competent writer with a whole lot of attitude and some great metaphor to try and have you... Read more
Published 5 months ago by DIOMIDES MAVROYIANNIS
5.0 out of 5 stars Smart and very readable.
Krugman has become one of the public's most admired economists. He makes tricky economic concepts accessible to everyone who is interested. Read more
Published 8 months ago by F Drew
5.0 out of 5 stars Another Krugman classic
I'm a real fan of Paul Krugman, so this was music to my ears. He is not for everyone obviously, but his written style is superb and his books are always very logical. Read more
Published 8 months ago by Henry S. Baker
5.0 out of 5 stars Compelling
What we need is an English academic to care enough or know enough to write a companion piece for the UK
Published 11 months ago by CrypticForestFalcon
5.0 out of 5 stars Common Sense
Paul Krugman know his stuff. He writes in a clear and simple style, covering the subject in detail, but slowly enough for someone as thick as me to understand. Read more
Published 13 months ago by Nigel J. Tucker
5.0 out of 5 stars Compulsory reading for our 'leaders'
All members of Government should be compelled to read this incisive analysis of our present Economic woes. Read more
Published 13 months ago by orua
4.0 out of 5 stars Krugman knows best
Great book on the current crisis, focuses not only on what went wrong but on what could potentially solve the problem. Read more
Published 14 months ago by fio
5.0 out of 5 stars Excellent book
A first class analysis. He really explains complicated issues very well indeed, a makes a very persuasive case for fiscal action now.
Published 14 months ago by David J. W. Roberts
5.0 out of 5 stars More than economics...
Paul Krugman is Professor of Economics and International Affairs at Princeton University and a columnist at The New York Times. He won the Nobel prize for economics in 2008. Read more
Published 15 months ago by Dr. R. G. Bullock
3.0 out of 5 stars Eminently readable
He doesn't hide the fact that he's a touch one sided but does write in a very simple to understand way in support of his points. Read more
Published 15 months ago by PK
Search Customer Reviews
Only search this product's reviews

Customer Discussions

This product's forum
Discussion Replies Latest Post
No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
Topic:
First post:
Prompts for sign-in
 

Search Customer Discussions
Search all Amazon discussions
   


Look for similar items by category


Feedback