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The great unraveling : losing our way in the new century /
Paul Krugman.
edition
1st ed.
imprint
New York : W.W. Norton, c2003.
description
xxix, 426 p.
ISBN
0393058506 (hardcover)
format(s)
Book
Holdings
More Details
imprint
New York : W.W. Norton, c2003.
isbn
0393058506 (hardcover)
general note
Includes index.
catalogue key
5001864
A Look Inside
About the Author
Author Affiliation
Paul Krugman writes a twice-weekly column for the op-ed page of the New York Times. A winner of the John Bates Clark medal for the best American economist under the age of forty, he teaches at Princeton University
Awards
This item was nominated for the following awards:
Full Text Reviews
Appeared in Publishers Weekly on 2003-08-18:
This selection of three years of New York Times op-eds by economist and Princeton professor Krugman document his opposition to the governance of George W. Bush and his "bad economics wrapped in the flag." In his introduction, Krugman asserts that Bush is a radical and that America's right wing is "a revolutionary power... a movement whose leaders do not accept the legitimacy of our current political system." The core of the book's 100-plus columns is dedicated to eviscerating Bush's fiscal policies, uncovering the administration's hidden agendas, as well as castigating the media for letting him get away with it. A handful of articles advocate the globalization of free trade. Much of the material will be familiar to Times readers, but reading the items together reveals Krugman's growing anger at the hubris he sees exhibited by the extreme right wing and its seeming defiance of logic. At first, Krugman is a numbers man, methodically parsing the data (demonstrating, for example, how the heartland is not, statistically, more committed to family than people on the coasts), but over time he arrives at the conclusion that "Yes, Virginia, there is a vast right-wing conspiracy" and "it works a lot like a special-interest lobby." Krugman is one of the few commentators able to sound both appalled and reasonable at the same time as he provides an alternate history of the last three years to that penned by conservative pundits. Many readers will find Krugman very persuasive as to how our present government has done us wrong. (Sept.) Forecast: Krugman's book will probably be a standout among books of the liberal backlash due this season. 11-city author tour. (c) Copyright PWxyz, LLC. All rights reserved
Appeared in Library Journal on 2003-05-15:
Never shy to speak up, New York Times columnist Klugman really takes his gloves off here. (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.
Reviews
Review Quotes
If I had a tenth of Paul Krugman's brain and a twentieth of his courage, I'd be the happiest person on the face of the Earth.
Paul Krugman is the great discovery of recent American journalism. Lively, lucid, witty, superbly informed, his commentary on the state of the union is required reading for anyone concerned about the American future.
Paul Krugman is the indispensable American columnist, a voice of truth in a political world of lies and calculated injustice. This book is even better. It makes the case, unrestrained by deference, that a revolutionary right-wing movement is out to transform the United States-and is succeeding, rolling over a supine press and political opposition.
The new Krugman book documents why this top-drawer academic economist deserves at least one Pulitzer Prize for his accurate Times op-ed columns that are a lone voice, telling things as they are and debunking Washington policies that are neither compassionate nor conservative. Plutocratic democracy is in the saddle. Rx. Krugman twice a week and in this coherent sum-up on relevant 2003-2010 economics. Buy. Read. Ponder. Benefit.
The title of Paul Krugman's The Great Unraveling might well have been The Great Usurpation . In a republic hijacked by the radical right whose leaders reject the legitimacy of our current political system, Paul Krugman's coruscant book calls for a "great revulsion" across the land before it is too late.
The title of Paul Krugman's The Great Unraveling might well have been The Great Usurpation. In a republic hijacked by the radical right whose leaders reject the legitimacy of our current political system, Paul Krugman's coruscant book calls for a "great revulsion" across the land before it is too late.
This item was reviewed in:
Library Journal, May 2003
Publishers Weekly, August 2003
Library Journal, October 2003
New York Times Book Review, October 2003
Los Angeles Times, March 2004
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Summaries
Main Description
In this long-awaited work, award-winning economist and columnist Paul Krugman challenges us to take on George Bush and the radical right. Drawing from his New York Times columns, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, and how fiscal responsibility collapsed. Krugman asks how it was possible for a country with so much going for it to head downhill so fast and finds the answer in the agenda of the Bush administration. Krugman began writing his New York Times column in 2000 and quickly demonstrated that he is one of the most well-informed and trenchant commentators in America. One would have to go all the way back to John Maynard Keynes to find an economist so willing to take on the issues of the day in accessible terms, and his political sallies recall the age of the great Muckrakers or Walter Lippmann and Louis Brandeis. From Krugman's account of the secret history of the California energy crisis to his devastating dissections of the Bush administration's dishonesty on everything from tax cuts to the war on terrorism, Krugman tells the uncomfortable truth about how the United States has lost its way amid economic disappointment, bad leadership, and deceit. This unprecedented work of social and political history sets the first years of the twenty-first century in a stark, new light. Book jacket.
Main Description
No one has more authority to call the shots the way they really are than Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine. In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way. And he gives us the road map we will need to follow if we are to get the country back on track.
Unpaid Annotation
In this long-awaited work containing economist Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, and how fiscal responsibility collapsed.
Table of Contents
Acknowledgmentsp. xiii
Prefacep. xv
Introduction: A Revolutionary Powerp. 3
Bubble Troublep. 21
Irrational Exuberancep. 27
Seven Habits of Highly Defective Investorsp. 27
The lce Age Comethp. 31
The Ponzi Paradigmp. 34
Dow Wow, Dow Owp. 37
Money for Nothing?p. 40
Create and Destroyp. 43
The Pizza Principlep. 46
Damaged by the Dowp. 49
Portents Abroadp. 53
Asia: What Went Wrong?p. 53
Why Germany Kant Kompetep. 57
We're Not Japanp. 60
A Leap in the Darkp. 63
Greenspanomicsp. 67
Don't Ask Alanp. 67
Eleven and Countingp. 70
Herd on the Streetp. 73
Living with Bearsp. 76
Dubya's Double Dip?p. 79
Mind the Gapp. 82
Passing the Buckp. 85
Stocks and Bombsp. 88
The Vision Thingp. 91
Dealing with Wp. 94
My Economic Planp. 97
Crony Capitalism, U.S.A.p. 101
Crony Capitalism, U.S.A.p. 101
Two, Three, Many?p. 104
Enemies of Reformp. 107
Greed Is Badp. 110
Flavors of Fraudp. 113
Everyone Is Outragedp. 116
Succeeding in Businessp. 119
The Insider Ganep. 122
The Outrage Constraintp. 125
Business as Usualp. 128
Fuzzy Mathp. 131
The Bait ...p. 137
Oops! He Did It Againp. 137
We're Not Responsiblep. 140
Fuzzier and Fuzzierp. 143
Et Tu, Alan?p. 146
Slicing the Salamip. 149
The Money Pitp. 152
The Universal Elixirp. 155
Bad Heir Dayp. 158
Pants on Firep. 161
... And the Switchp. 165
Hitting the Trifectap. 165
The Quiet Manp. 168
Our Wretched Statesp. 171
Bush's Aggressive Accountingp. 174
True Blue Americansp. 177
The Great Evasionp. 180
Springtime for Hitlerp. 183
Is the Maestro a Hack?p. 186
2 - 1 = 4p. 189
The Pig in the Pythonp. 189
Prescription for Failurep. 192
A Retirement Fablep. 195
No Good Deedp. 198
2016 and All Thatp. 201
Sins of Commissionp. 204
Bad Medicinep. 207
Fear of All Sumsp. 210
Victors and Spoilsp. 213
Things Pull Apartp. 219
America the Polarizedp. 219
The Sons Also Risep. 222
Hey, Lucky Duckies!p. 225
The Private Interestp. 229
Paying the Pricep. 229
The Public Interestp. 232
The 55-Cent Solutionp. 235
Money-Grubbing Gamesp. 238
The Long Haulp. 241
Exploiting September 11p. 245
The One-Eyed Manp. 245
An Alternate Realityp. 248
The Rove Doctrinep. 251
The Reality Thingp. 254
The Real Thingp. 257
Dead Parrot Societyp. 260
The Pitt Principlep. 263
Victors and Spoilsp. 266
A Vast Conspiracy?p. 269
The Smoke Machinep. 269
The Angry Peoplep. 272
The Bully's Pulpitp. 275
For the Peoplep. 278
In Media Resp. 281
Digital Robber Barons?p. 284
Behind the Great Dividep. 287
Channels of Influencep. 290
When Markets Go Badp. 293
California Screamingp. 299
California Screamingp. 299
The Unreal Thingp. 302
The Price of Powerp. 305
The Real Wolfp. 308
Turning California Onp. 311
Enron Goes Overboardp. 314
Smoking Fat Boyp. 317
In Broad Daylightp. 320
Delusions of Powerp. 323
Smong and Mirrorsp. 327
The Unrefined Truthp. 327
Burn, Baby, Burnp. 330
Feeling OPEC's Painp. 333
Ersatz Climate Policyp. 336
Two Thousand Acresp. 339
Bad Air Daysp. 342
Bush on Firep. 345
Foreign Disastersp. 349
Hong Kong's Hard Lessonp. 349
Crying with Argentinap. 353
Losing Latin Americap. 356
The Lost Continentp. 359
The Wider Viewp. 363
Global Schmobalp. 367
Enemies of the WTO: Bogus Arguments against the World Trade Organizationp. 367
Saints and Profitsp. 373
Workers vs. Workersp. 376
The Scrooge Syndromep. 379
Heart of Cheapnessp. 382
America the Scofflawp. 385
White Man's Burdenp. 388
Economics and Economistsp. 391
Supply, Demand, and English Foodp. 391
O Canada: A Neglected Nation Gets Its Nobelp. 395
Who Knew? The Swedish Model Is Workingp. 400
The Two Larrysp. 403
Missing James Tobinp. 406
Indexp. 409
Table of Contents provided by Ingram. All Rights Reserved.

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