Paul Krugman chronicles how the boom economy unravelled: 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 dissections of the Bush administration, Paul Krugman tells the truth about how the United States lost its way.
'Everything Paul Krugman has to say is smart, important and fun to read'
- New York Times
'Krugman is an outstanding economist, at his most impressive when picking his way through fiscal and social policy. But his loathing of the Administration blunts his barbs: conspiracy theory is less interesting than rigorous analysis. Nevertheless, at a time when the US press seems reluctant to mount vigorous attacks on the President and when the intellectual debate is being dominated by the Right, Krugman's howls of rage from the centre-left fill an important gap.'
- Richard Lambert, The Times
Paul Krugman has been called 'the most important political columnist in America' by Washington Monthly, 'the most celebrated economist of his generation' by the Economist and named Columnist of the Year by Editor and Publisher magazine. He teaches at Princeton University. He writes a twice-weekly column in The New York Times, many of which are included in his latest book The Great Unravelling.