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Author : Paul R. Krugman Publisher : W. W. Norton & Company Page : 326 pages File Size : 41,8 Mb Release : 1995-04-04 Category : Business & Economics ISBN : 0393312925
The past twenty years have been an era of economic disappointment in the U.S. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power--they've been hijacked by policy entrepreneurs who offer easy answers to hard problems.
Newsweek hailed Paul Krugman as "a superstar among economists" and went on to praise Peddling Prosperity as "the best primer around on recent U.S. economic history." Others joined the chorus. This wonderfully received book finds him in top form, observing the years he's dubbed "the age of diminished expectations." The past twenty years have been an era of economic disappointment in the United States. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power: they've been hijacked by policy entrepreneurs—economic snake-oil salesmen, right or left, who offer easy answers to hard problems. Supply-siders rose to power with Ronald Reagan and not only cured nothing but left behind a $3 trillion debt. Krugman finds an unhappy parallel in those who shape policy within the Clinton administration.
Many Americans are enjoying the fruits of prosperity. Unemployment and inflation are low and it seems that everyone is driving a sport utility vehicle. But is this a prosperity that's reserved for the upper middle class, the folks driving the Jeep Cherokees? Or is something more fundamental happening? The answers are crucial for anyone interested in how America is changing--from corporate executives to policy makers to the average person keeping up with current issues. Bob Davis and David Wessel have spent thousands of hours in living rooms and workplaces around the country, and they show conclusively that the recent good economic news not only is here to stay but is the start of twenty years of broad-based prosperity. Prosperity tells stories about how the lives of the middle class are changing for the better. These are the people who are still being wrongly consigned b y prophets of doom and gloom to the sidelines of the new high-tech economy. People like: Randy Kohrs, whose training in respiratory therapy at a local community college has lifted him from dead-end, minimum-wage jobs into the ranks of the middle class Teresa Wooten, a former worker in a low-wage South Carolina clothing factory, who is now a supervisor in a German-owned factory The workers at the Allen-Bradley plant in Milwaukee, who are benefiting in wages and transferable job skills form the company's recent computer automation These and many other remarkable stories bring together the three trends that will be the basis for a new, middle-class prosperity: Our $2 trillion investment in computer and communications technology will finally pay off in faster productivity growth, a morerapidly growing economy, and rising living standards. Community colleges are helping millions of Americans move from $7-an-hour jobs. This unheralded change in U.S. education will help reverse the forces that have widened the chasm between more-educated and less-educated workers. Globalization--much maligned by pundits on the left and the right--will create new and better jobs by U.S. companies that export to developing countries and by foreign companies that build plants and offices in the United States. Davis and Wessel's front-line account, combined with persuasive evidence of the tangible benefits reaching the middle class, proves that the American dream is not only alive and well, but will reach more people than ever before.
Arguing with Zombies: Economics, Politics, and the Fight for a Better Future by Paul Krugman Pdf
New York Times Bestseller An accessible, compelling introduction to today’s major policy issues from the New York Times columnist, best-selling author, and Nobel prize–winning economist Paul Krugman, now with a new preface. There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no stronger foe of zombie economics, the misunderstandings that just won’t die. In Arguing with Zombies, Krugman tackles many of these misunderstandings, taking stock of where the United States has come from and where it’s headed in a series of concise, digestible chapters. Drawn mainly from his popular New York Times column, they cover a wide range of issues, organized thematically and framed in the context of a wider debate. Explaining the complexities of health care, housing bubbles, tax reform, Social Security, and so much more with unrivaled clarity and precision, Arguing with Zombies is Krugman at the height of his powers. It is an indispensable guide to two decades’ worth of political and economic discourse in the United States and around the globe, and now includes a preface on "Zombies in the Age of COVID-19." With quick, vivid sketches, Krugman turns his readers into intelligent consumers of the daily news and hands them the keys to unlock the concepts behind the greatest economic policy issues of our time. In doing so, he delivers an instant classic that can serve as a reference point for this and future generations.
Author : Paul Krugman Publisher : W. W. Norton & Company Page : 352 pages File Size : 50,8 Mb Release : 2009-01-12 Category : Political Science ISBN : 9780393067118
"The most consistent and courageous—and unapologetic—liberal partisan in American journalism." —Michael Tomasky, New York Review of Books In this "clear, provocative" (Boston Globe) New York Times bestseller, Paul Krugman, today's most widely read economist, examines the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age and the 1920s to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a "stimulating manifesto" offering "a compelling historical defense of liberalism and a clarion call for Americans to retake control of their economic destiny" (Publishers Weekly). "As Democrats seek a rationale not merely for returning to power, but for fundamentally changing—or changing back—the relationship between America's government and its citizens, Mr. Krugman's arguments will prove vital in the months and years ahead." —Peter Beinart, New York Times
Looking at public policy debates in conventional terms—in terms of conflict between the left and the right—has grown increasingly cumbersome in an era where conservatives call themselves revolutionaries and liberals strike positively Burkean poses when it comes to reforming Social Security or Medicare. Through an examination of the libertarian worldview, once on the margins of American politics but now in the mainstream, William E. Hudson shows how it has attracted powerful political supporters and is promoted by a network of institutions and policy advocates dedicated to its ideals. The Libertarian Illusion offers a well researched, balanced, and systematic critique of libertarian policy proposals on both the conservative (taxation and fiscal policy, health care, social security, and business regulation) and liberal (abortion, stem cell research, and euthanasia) sides of the traditional political spectrum. Always engaging and provocative, Hudson hones in on the fundamental value differences that drive political debate, arguing that a more communitarian outlook offers solutions more likely to solve America’s policy problems.
Author : Paul Krugman Publisher : W. W. Norton & Company Page : 288 pages File Size : 55,7 Mb Release : 2012-04-30 Category : Political Science ISBN : 9780393088878
A New York Times best-selling call to arms from Nobel Prize–winning economist Paul Krugman. The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain." How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies by Erik Brynjolfsson,Andrew McAfee Pdf
A pair of technology experts describe how humans will have to keep pace with machines in order to become prosperous in the future and identify strategies and policies for business and individuals to use to combine digital processing power with human ingenuity.
The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with--and sometimes blamed for--the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Featuring a new preface by the author, Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.
Economics: European Edition by Paul Krugman,Robin Wells,Kathryn Graddy Pdf
Economics: European Edition is the ideal text for introductory economics, bringing together an international scope of real world examples and economic theory. The text is supported by a number of features to enhance student understanding as well as supplements to consolidate the learning process.
In her recent book Suiting Themselves, bestselling author Sharon Beder exposed how the global corporate elite have brazenly rewritten the rules of the global economy to line their pockets. In this new book she trains her sights on the insidious underbelly of this global trend to show how they have also orchestrated a mass propaganda campaign to manipulate community values and convince us that their interest - co-opting and controlling all of us in the name of the free market - is in our interest. During the 20th century, business associations coordinated mass propaganda campaigns combining 20th century American PR methods with revitalized free market ideology from 18th century Europe. The aim was to persuade people to eschew their own power as workers and citizens, and forego their democratic power to restrain and regulate business activity. Sophisticated corporate-funded think tanks augmented these campaigns in the 1970s and 1980s, promoting free enterprise and business-friendly policies. Thesefree market missionaries now seek to change individual and institutional values through bolder strategies such as expanding share ownership and manipulating wider public concerns. In each case the goal is the same: the triumph of business values over community values. Beder‘s is an intellectual call to arms: challenge the ideology of the free market missionaries or be converted to it.
Efficiency and Justice in the Industrial World: v. 2: The Uneasy Success of Postwar Europe by Dusan Pokorny Pdf
European market integration was originally seen as the way to overcome national enmities in the wake of World War II. Over time, it acquired the purpose of social melioration as well. Today, the advanced market societies are richer than they have ever been, yet each is driven by social and economic divisions as some groups thrive while others lose ground. The tension between the social demand for equity and security, and the market's drive to burst the bonds of state regulation both internally and at the border post, has taken on new complexity. It is this issue that underlies domestic political struggles over privatisation, safety-net programmes, immigration policies and trade agreements. Will European Union survive the stresses of high employment and the strains of German unification? These are some of the questions Dusan Pokorny considers in this second volume of his exploration of the efficiency-justice conundrum.
The Age of Diminished Expectations by Paul R. Krugman Pdf
This edition looks at how risky behaviour can lead to disaster in private markets, with colourful examples from Lloyd's of London and Sumitomo Metals. Krugman also considers the collapse of the Mexican peso, and the burst of Japan's 'bubble' economy.