Over the past 20 years, the search for a new magic in the American economy has created a distinctive cycle. In the 1980s, Milton Friedman and conservative academic economists found their work hijacked by Ronald Reagan's administration and the nation was left mired in debt. Now academic economists from the Left have developed new theories that challenge the faith in unregulated markets. However, with Clinton's administration, another group has rushed into power, preaching an overly simple message of competitiveness.
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Over the past 20 years, the search for a new magic in the American economy has created a distinctive cycle. In the 1980s, Milton Friedman and conservative academic economists found their work hijacked by Ronald Reagan's administration and the nation was left mired in debt. Now academic economists from the Left have developed new theories that challenge the faith in unregulated markets. However, with Clinton's administration, another group has rushed into power, preaching an overly simple message of competitiveness.
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Seller's Description:
Very Good. Very Good condition. Very Good dust jacket. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Bundled media such as CDs, DVDs, floppy disks or access codes may not be included.
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Seller's Description:
Good. Good condition. Very Good dust jacket. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains. Bundled media such as CDs, DVDs, floppy disks or access codes may not be included.
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Seller's Description:
Acceptable. Hardcover The item is fairly worn but still readable. Signs of wear include aesthetic issues such as scratches, worn covers, damaged binding. The item may have identifying markings on it or show other signs of previous use. May have page creases, creased spine, bent cover or markings inside. Packed with care, shipped promptly.
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Seller's Description:
Very good+ condition. Near fine condition (DJ) Book. Octavo (8vo). xvi, 303 pages of text including an index. Hardcover binding in almost new condition. Unclipped dustjacket in almost new condition; protected in archival mylar. There is a tiny scuff on the top margin of a half dozen pages, not affecting text. Krugman won the 2008 Nobel Prize in economics for his work in international trade.
Edition:
First Edition [Stated], First Printing [Stated]
Publisher:
W. W. Norton & Company
Published:
1994
Language:
English
Alibris ID:
15893332640
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Seller's Description:
Very good in Very good jacket. xv, [1], 303, [1] pages. Footnotes. Tables. Figures. Index. Inscribed and dated by the author on the front free endpaper. DJ has slight edge wear and soiling. Paul Robin Krugman (born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman retired from Princeton in June 2015, and holds the title of professor emeritus there. Krugman is among the most influential economists in the world. He is known in academia for his work on international economics (including trade theory and international finance), economic geography, liquidity traps, and currency crises. Krugman is the author or editor of 27 books, including scholarly works, textbooks, and books for a more general audience, and has published over 200 scholarly articles in professional journals and edited volumes. Paul Krugman has been proclaimed "the most celebrated economist of his generation" by The Economist, a judgment confirmed in 1991 when the American Economic Association presented him with the John Bates Clark Medal, a prize given every two years to the best American economist. Derived from a Kirkus review: Economists willing or able to appraise their science and its utility with something other than reverential solemnity are a decidedly rare breed. On the evidence of the ingratiatingly witty text at hand, however, MIT Professor Krugman can and does subject his discipline to the sort of analysis that could make it accessible as well as useful to the voting public. For all his wry commentary, the author is informed by a serious purpose: he wants not only to determine why the domestic economy is no longer growing at the pre-1973 rates that made America the envy of the Global Village, but also to uncover the reasons for decelerating gains in real income, an apparent spread in poverty, and related obstacles along the rocky road to prosperity. Toward these ends, he first warns that genus economicus encompasses two distinct species: academics (who pursue typically arcane research projects that, however slowly, can expand mankind's knowledge) and policy entrepreneurs (high-profile go-getters willing to swap the approval of professional peers for acceptance by pols eager for simple, sound-bite solutions). In this cautionary context, Krugman surveys cyclical swings in ideology over the past couple of decades, starting with the successful challenge mounted by the right against Keynesian precepts, high taxation, and the welfare state. Focusing on the persistent expansion of federal budget deficits, he next evaluates the checkered record compiled by conservatives. Covered as well is the subsequent discrediting of supply-siders, the concurrent emergence of their liberal counterparts (so-called strategic traders), and the renaissance of intervention theory. At the end of the day, the author proves himself an equal-opportunity critic who remains ready to be convinced that even one-note advocates might have something to contribute. An uncommonly sensible audit of socioeconomic fads, fallacies, and fashion.
