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The return of depression economics / Paul Krugman.

By: Krugman, Paul R.
Material type: materialTypeLabelBookPublisher: London : Allen Lane, 1999Edition: 1st ed.Description: xiv, 176 p. : ill. ; 24 cm.ISBN: 0713993898 (hbk.); 9780713993899 (hbk.).Other title: Return of depression economics [Other title].Subject(s): Recessions -- History -- 20th century | Business cycles -- History -- 20th century | Economic history -- 1990-DDC classification: 338.542 KRU Online resources: Table of contents
Contents:
1. July 1, 1997 2. A Short Course in Miracles: Asia before the Crisis 3. Warning Ignored: Latin America, 1995 4. The Future That Didn't Work: Japan in the 1990s 5. All Fall Down: Asia's Crash 6. The Confidence Game 7. Masters of the Universe: Hedge Funds and Other Villains 8. Bottoming Out? 9. The Return of Depression Economics.
Summary: Surely the Great Depression could not happen again; our economists and policy makers simply have too many tools in their kit and too much experience applying them. Or could it? Paul Krugman gives us a sobering tour of the global economic crises of the last two years. In the 1930s policy makers realized that they had to limit the free market in order to save it. Today, when governments worldwide have spent decades lifting regulatory restraints on trade within and across their borders, interference in markets is completely out of favor as a policy tool. With his usual creativity and willingness to consider new ideas, Krugman suggests that a variety of capital restraints may well be in order. This book is for anyone with any level of economic background who wishes to understand the stunning events in today's global economy.
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Item type Current location Call number Status Date due Barcode
Book Book Indian Institute for Human Settlements, Bangalore
338.542 KRU 000195 (Browse shelf) Available 000195

Includes index.

1. July 1, 1997
2. A Short Course in Miracles: Asia before the Crisis
3. Warning Ignored: Latin America, 1995
4. The Future That Didn't Work: Japan in the 1990s
5. All Fall Down: Asia's Crash
6. The Confidence Game
7. Masters of the Universe: Hedge Funds and Other Villains
8. Bottoming Out?
9. The Return of Depression Economics.

Surely the Great Depression could not happen again; our economists and policy makers simply have too many tools in their kit and too much experience applying them. Or could it? Paul Krugman gives us a sobering tour of the global economic crises of the last two years. In the 1930s policy makers realized that they had to limit the free market in order to save it. Today, when governments worldwide have spent decades lifting regulatory restraints on trade within and across their borders, interference in markets is completely out of favor as a policy tool. With his usual creativity and willingness to consider new ideas, Krugman suggests that a variety of capital restraints may well be in order. This book is for anyone with any level of economic background who wishes to understand the stunning events in today's global economy.

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