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Ebook The Age of Diminished Expectations: U.S. Economic Policy in the 1990s by Paul Krugman read! Book Title: The Age of Diminished Expectations: U.S. Economic Policy in the 1990s
The author of the book: Paul Krugman
Edition: MIT Press
Date of issue: July 28th 1997
Loaded: 1207 times
Reader ratings: 4.9
ISBN: 0262611341
ISBN 13: 9780262611343
Language: English
Format files: PDF
The size of the: 778 KB
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"The Age of Diminished Expectations" is a remarkable achievement, a quick read that tells you much of what there is to know about the great economic issues of the day.
-- Peter Passell, "New York Times Book Review" Paul Krugmans popular guide to the economic landscape of the 1990s has been revised and updated to take into account economic developments of the past three years. New material in the third edition includes: A new chapter--complete with colorful examples from Lloyds of London and Sumitomo Metals--on how risky behavior can lead to disaster in private markets. An evaluation of the Federal Reserves role in reining in economic growth to prevent inflation, and the debate over whether its growth targets are too low.

A look at the collapse of the Mexican peso and the burst of Japans bubble economy.

A revised discussion of the federal budget deficit, including the growing concern that Social Security and Medicare payments to retiring baby boomers will threaten the solvency of the government. Finally, in the updated concluding section, the author provides three possible scenarios for the American economy over the next decade. He warns that we live in an age of diminished expectations, in which the voting public is willing to settle for policy drift--but with the first of the baby boomers turning 65 in 2011, the U.S. economy will not be able to drift indefinitely.


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Read information about the author

Ebook The Age of Diminished Expectations: U.S. Economic Policy in the 1990s read Online! Paul Robin Krugman is an American economist, liberal columnist and author. He is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economics for his contributions to New Trade Theory and New Economic Geography.


Reviews of the The Age of Diminished Expectations: U.S. Economic Policy in the 1990s


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