With this major new volume, Paul Krugman, "the heir apparent to Galbraith" (Alan Blinder) and, today's most widely read economist, studies the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a work that weaves together a nuanced account of three generations of history with sharp political, social, and economic analysis. This book, written with Krugman's trademark ability to explain complex issues simply, will transform the debate about American social policy in much the same way as did John Kenneth Galbraith's deeply influential book, The Affluent Society.
"Starred Review. [A] compelling historical defense of liberalism and a clarion call for Americans to retake control of their economic destiny." - PW.
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Paul Krugman has been a columnist for the The New York Times since 1999 and continues as professor of Economics and International Affairs at Princeton University. He won the Nobel prize for Economics in 2008.
Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. He is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. In recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal, a prize given every two years to "that economist under forty who is adjudged to have made a significant contribution to economic knowledge."
Krugman has also written extensively for a broader public audience. Some of his recent articles on ...
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Paul Krugman: http://www.krugmanonline.com/
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