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The Age of Diminished Expectations by Paul Krugman (1997, Trade Paperback)

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Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
ISBN
9780262611343

About this product

Product Identifiers

Publisher
MIT Press
ISBN-10
0262611341
ISBN-13
9780262611343
eBay Product ID (ePID)
60741

Product Key Features

Number of Pages
244 Pages
Publication Name
Age of Diminished Expectations
Language
English
Subject
Economic History, Economics / General
Publication Year
1997
Type
Textbook
Subject Area
Business & Economics
Author
Paul Krugman
Format
Trade Paperback

Dimensions

Item Height
0.6 in
Item Weight
12 Oz
Item Length
8.9 in
Item Width
6.5 in

Additional Product Features

Edition Number
3
Intended Audience
Scholarly & Professional
LCCN
97-006411
Dewey Edition
21
TitleLeading
The
Reviews
The Age of Diminished Expectationsis a remarkable achievement, a quick read that tells you much of what there is to know about the great economic issues of the day. -Peter Passell, New York Times Book Review
Grade From
College Graduate Student
Illustrated
Yes
Dewey Decimal
338.9/73
Synopsis
Paul Krugman's popular guide to the economic landscape of the 1990s has been revised and updated to take into account economic developments of the past three years. New material in the third edition includes: - A new chapter--complete with colorful examples from Lloyds of London and Sumitomo Metals--on how risky behavior can lead to disaster in private markets.- An evaluation of the Federal Reserves role in reining in economic growth to prevent inflation, and the debate over whether its growth targets are too low.- A look at the collapse of the Mexican peso and the burst of Japans bubble economy.- A revised discussion of the federal budget deficit, including the growing concern that Social Security and Medicare payments to retiring baby boomers will threaten the solvency of the government. Finally, in the updated concluding section, the author provides three possible scenarios for the American economy over the next decade. He warns that we live in an age of diminished expectations, in which the voting public is willing to settle for policy drift--but with the first of the baby boomers turning 65 in 2011, the U.S. economy will not be able to drift indefinitely., Paul Krugman's popular guide to the economic landscape of the 1990s has been revised and updated to take into account economic developments of the years from 1994 - 1997., Paul Krugman's popular guide to the economic landscape of the 1990s has been revised and updated to take into account economic developments of the past three years. New material in the third edition includes:- A new chapter--complete with colorful examples from Lloyds of London and Sumitomo Metals--on how risky behavior can lead to disaster in private markets.- An evaluation of the Federal Reserves role in reining in economic growth to prevent inflation, and the debate over whether its growth targets are too low.- A look at the collapse of the Mexican peso and the burst of Japans bubble economy.- A revised discussion of the federal budget deficit, including the growing concern that Social Security and Medicare payments to retiring baby boomers will threaten the solvency of the government. Finally, in the updated concluding section, the author provides three possible scenarios for the American economy over the next decade. He warns that we live in an age of diminished expectations, in which the voting public is willing to settle for policy drift--but with the first of the baby boomers turning 65 in 2011, the U.S. economy will not be able to drift indefinitely.

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