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Synopsis
"The Age of Diminished Expectations" is a straightforward briefing on the US economy for readers who want to be well informed without being overwhelmed by statistics, predictions of disaster, or boundless optimism. In a new preface to this paperback edition, Krugman addresses the current recession, the aftermath of the Gulf War, the plunging trade deficit, and the soaring budget deficit. He notes, however, that little has changed in terms of the fundamental issues: "We still live in the America that the book describes: a huge wealthy nation that faces no immediate crisis, but which more and more fails to live up to its promise".
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Review
-- Peter Passell, "New York Times Book Review" " "The Age of Diminished Expectations" is a remarkable achievement, a quick read that tells you much about the great economic issues of the day." -- Peter Passell, "New York Times Book Review" & quot; The Age of Diminished Expectations is a remarkable achievement, a quick read that tells you much about the great economic issues of the day.& quot; -- Peter Passell, New York Times Book Review " ""The Age of Diminished Expectations" is a remarkable achievement, a quick read that tells you much about the great economic issues of the day."-- Peter Passell, "New York Times Book Review"
About the Author
Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008.
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Krugman The Age Of Diminished
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Krugman The Age Of Diminished
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The Age of Diminished Expectations: U.S. Economic Policy in the 1990's
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The Age of Diminished Expectations: U.S. Economic Policy in the 1990's
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