The Return of Depression Economics and the Crisis of 2008 by Paul Krugman
My rating: 3 of 5 stars
Its depressing reading about depression ... economics. It all seems so avoidable and a bunch of pointless suffering from the worse elements of unstable human nature actualized by the global web of fractional banking... Not that better monetary schemes have been shown to be workable and Krugman does try to liven things up with wit. This is another book that erodes the Greenspan edifice; Alan presided over decades of healthy economic growth he did nothing to engender to then guide short-sighted policy into two asset bubble: Dot Com boom and housing boom...
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