End This Depression Now!
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End This Depression Now!
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Narrated by:
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Rob Shapiro
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Paul Krugman
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By:
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Paul Krugman
About this listen
The Great Recession that began in 2007 is now more than four years old - and counting. Some 24 million Americans are unemployed or underemployed, and at recent rates of job creation we won’t be back to normal levels of employment until late this decade. This is a tragedy. Do we have to accept it?
"No!" is the resounding answer given by Nobel Prize-winning economist Paul Krugman in this call to arms. We have seen this situation before and we know how to fix it; all we lack is the political will to take action. Krugman walks us through the financial crisis that triggered the greatest downturn since the Great Depression and outlines the efforts that have been made thus far.
The way forward is clear: Our priority must be to get ourselves back on the path to growth; every day that we lag behind normal production levels only adds to the astronomical economic loss of this depression. What we need for a rapid, powerful recovery is precisely what we've needed in crises past - a burst of government spending to jump-start the economy. We owe it not only to the unemployed, but to everyone affected by this tragedy to end this depression now.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2012 Paul Krugman (P)2012 Random House AudioListeners also enjoyed...
Critic reviews
“An important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again.” (Kirkus Reviews)
“An important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again.” (Kirkus Reviews, starred review)
"Krugman , winner of the 2008 Nobel Prize in Economics, takes an edifying and often humorous journalistic approach to the current economic crisis in this accessible and timely study. Rather than provide a mere postmortem on the 2008 collapse (though relevant history lessons are provided), Krugman aims to plot a path out of this depression. Krugman has consistently called for more liberal economic policies, but his wit and bipartisanship ensure that this book will appeal to a broad swath of readers - from the Left to the Right, from the 99% to the 1%.” (Publishers Weekly)
What listeners say about End This Depression Now!
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
- Nigel
- 13-04-13
Illuminating
It's a fascinating and accessible explanation of current economics. Given the impact of the political decisions on our lives, it's a useful read/listen to help make sense of the world.
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Overall4 out of 5 stars
- Chris
- 25-11-12
Good times.
(As seen through my blurry and leaky perception...)
I really enjoyed hearing another frame from what I'm used to hearing on the British media.
He does a great job conveying the price of the government not launching a more massive intervention in the economy what was seen during the 'american reinvestment and recovery act': trillions of dollars of lost production over years, human misery and a loss of spirit (the lost generation), rusting of essential value adding public services (education and social services)...
I loved the outline of the 'fresh' and 'salt' water streams of economic thought and how their wrestling perceptions of reality are having material impacts on our society, Ideas DO matter!
Informative and enjoyable discussion, and response to, pro-austerity thought.
So it turns out that the the federal government is paying record low interest rates?? That wealth holders want to pay the state, as inflation reduces already tiny bond interest rates, to keep their property safe? It's the same story in Britain?
These are some of the things I learned from listening to this well produced and, perhaps most importantly, enjoyable audio book.
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Overall5 out of 5 stars
- Jim
- 23-12-12
Buy this book now!
There are some excellent books out there that explain how the current economic slump came about. The Big Short is a great example of that approach. This Time Is Different is great on how things are likely to unfold from here. Not very cheery but extremely solid in its evidence base. Paul Krugman manages to do something different in as much as he gets off the fence and tells us how to fix it. You might not agree with him but he's got an engaging style, the ability to explain complex concepts in a clear and entartaining way and a Nobel prize on his side.
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1 person found this helpful