Peddling Prosperity : Economic Sense and Nonsense in an Age of Diminished Expectations

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Appeal of the book: Exposing economic fallacies and offering practical solutions.

Recommendation: - This book is a must-read for anyone interested in understanding the economic landscape of the United States over the past two decades. Paul Krugman takes a critical look at the rival ideologies that have influenced economic policy, exposing the flaws in their thinking. His ability to dissect economic fallacies and offer practical solutions makes this book a valuable resource for those seeking clarity in an age of diminished expectations.

Peddling Prosperity : Economic Sense and Nonsense in an Age of Diminished Expectations

Regular price ₱490.05
Unit price
per
ISBN: 9780393312928
Authors: Paul Krugman
Date of Publication: 1995-04-17
Format: Paperback
Goodreads rating: 3.92
(rated by 586 readers)

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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.
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Appeal of the book: Exposing economic fallacies and offering practical solutions.

Recommendation: - This book is a must-read for anyone interested in understanding the economic landscape of the United States over the past two decades. Paul Krugman takes a critical look at the rival ideologies that have influenced economic policy, exposing the flaws in their thinking. His ability to dissect economic fallacies and offer practical solutions makes this book a valuable resource for those seeking clarity in an age of diminished expectations.