{"product_id":"2940169178128","title":"The Return of Depression Economics and the Crisis of 2008","description":"\u003cp\u003eNobel Prize® winning economist Paul Krugman shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, Paul surveyed the economic crisis that had swept across Asia and Latin America, and warned that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises - and a replay of the 1930s seems all too possible.\u003c\/p\u003e\u003cp\u003eIn this new, greatly updated edition of \u003ci\u003eThe Return of Depression Economics\u003c\/i\u003e, Paul shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession. Brilliantly crafted in Paul's trademark style - lucid, lively and supremely informed - this new edition of \u003ci\u003eThe Return of Depression Economics\u003c\/i\u003e will become an instant cornerstone of the debate over how to respond to the crisis.\u003c\/p\u003e","brand":"Penguin Random House","offers":[{"title":"Default Title","offer_id":47097785483504,"sku":"2940169178128","price":16.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940169178128_p0.jpg?v=1763674687","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940169178128","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}