The great unraveling : losing our way in the new century / Paul Krugman.

By:

Krugman, Paul R. (Paul Robin), 1953-

Material type: Text

TextLanguage: English Publication details: New York : W.W. Norton, c2004.Description: xxix, 516 p. ; 21 cmISBN:

0393326055 (pbk)
9780393326055 (pbk)

Subject(s): DDC classification:

330.973

LOC classification:

HC 106.83 K94g 2004

Online resources:

Table of contents

Contents:

pt. 1. Bubble trouble -- Irrational exuberance -- Portents abroad -- Greenspanomics -- Crony capitalism, U.S.A. -- pt. 2. Fuzzy math -- The bait -- And the switch -- 2-1=4 -- pt. 3. Victors and spoils -- Things pull apart -- The private interest -- Exploiting September 11 -- A vast conspiracy? -- pt. 4. When markets go bad -- California screaming -- Smog and mirrors -- Foreign disasters -- pt. 5. The wider view -- Global schmobal -- Economics and economists -- pt. 5. War and terror -- Dollars and cents -- Abuses of power.

Summary: The Great Unraveling is a chronicle of how "the heady optimism of the late 1990s gave way to renewed gloom as a result of "incredibly bad leadership, in the private sector and in the corridors of power." Offering his own take on the trickle-down theory, economist and columnist Paul Krugman lays much of the blame for a slew of problems on the Bush administration, which he views as a "revolutionary power...a movement whose leaders do not accept the legitimacy of our current political system." Declaring them radicals masquerading as moderates, he questions their motives on a range of issues, particularly their tax and Social Security plans, which he argues are "obviously, blatantly based on bogus arithmetic." Though a fine writer, Krugman relies more heavily on numbers than words to examine the current rash of corporate malfeasance, the rise and fall of the stock market bubble, the federal budget and the future of Social Security, and how a huge surplus quickly became a record deficit. He also rails against the news media for displaying a disturbing lack of skepticism and for failing to do even the most basic homework when reporting on business and economic issues. The book is mainly a collection of op-ed pieces Krugman wrote for The New York Times between 2000 and 2003. Overall, this format works well. Krugman writes clearly about complicated issues and offers plenty of evidence and hard facts to support his theories regarding the intersection of business, economics, and politics, making this a detailed, informative, and thought-provoking book. --Shawn Carkonen

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Holdings
Item type	Current library	Home library	Collection	Shelving location	Call number	Copy number	Status	Barcode
Libro	Biblioteca Juan Bosch	Biblioteca Juan Bosch	Ciencias Sociales	Ciencias Sociales (3er. Piso)	HC 106.83 K94g 2004 (Browse shelf(Opens below))	1	Available	00000127532

Browsing Biblioteca Juan Bosch shelves, Shelving location: Ciencias Sociales (3er. Piso), Collection: Ciencias Sociales Close shelf browser (Hides shelf browser)

Previous								Next
Previous	HC 106.83 K87c 2012 The clash of generations : saving ourselves, our kids, and our economy /	HC 106.83 K94gr 2004 El gran engaño : ineficacia y deshonestidad: Estados Unidos ante el siglo XXI /	HC 106.83 K94g 2003 The great unraveling : losing our way in the new century /	HC 106.83 K94g 2004 The great unraveling : losing our way in the new century /	HC 106.83 K96u 2014 Unleashing the second American century : four forces for economic dominance /	HC 106.83 K97s 2007 The Squandering of America : how the failure of our politics undermines our prosperity /	HC 106.83 L482c 2006 The coming economic collapse : how you can thrive when oil costs $200 a barrel /	Next

Includes index.

pt. 1. Bubble trouble --
Irrational exuberance --
Portents abroad --
Greenspanomics --
Crony capitalism, U.S.A. --
pt. 2. Fuzzy math --
The bait --
And the switch --
2-1=4 --
pt. 3. Victors and spoils --
Things pull apart --
The private interest --
Exploiting September 11 --
A vast conspiracy? --
pt. 4. When markets go bad --
California screaming --
Smog and mirrors --
Foreign disasters --
pt. 5. The wider view --
Global schmobal --
Economics and economists --
pt. 5. War and terror --
Dollars and cents --
Abuses of power.

The Great Unraveling is a chronicle of how "the heady optimism of the late 1990s gave way to renewed gloom as a result of "incredibly bad leadership, in the private sector and in the corridors of power." Offering his own take on the trickle-down theory, economist and columnist Paul Krugman lays much of the blame for a slew of problems on the Bush administration, which he views as a "revolutionary power...a movement whose leaders do not accept the legitimacy of our current political system." Declaring them radicals masquerading as moderates, he questions their motives on a range of issues, particularly their tax and Social Security plans, which he argues are "obviously, blatantly based on bogus arithmetic." Though a fine writer, Krugman relies more heavily on numbers than words to examine the current rash of corporate malfeasance, the rise and fall of the stock market bubble, the federal budget and the future of Social Security, and how a huge surplus quickly became a record deficit. He also rails against the news media for displaying a disturbing lack of skepticism and for failing to do even the most basic homework when reporting on business and economic issues. The book is mainly a collection of op-ed pieces Krugman wrote for The New York Times between 2000 and 2003. Overall, this format works well. Krugman writes clearly about complicated issues and offers plenty of evidence and hard facts to support his theories regarding the intersection of business, economics, and politics, making this a detailed, informative, and thought-provoking book. --Shawn Carkonen

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