Wednesday, April 29, 2009

Peddling Prosperity: Economic Sense and Nonsense in the Age of Diminished Expectations by Paul Krugman

This book is essential reading if you want to understand how politics led the U.S. into misguided economic policies.

Information about the book from

Editorial Reviews

In ten lively chapters, Krugman traces how loose economic thinking has repeatedly led to wrongheaded government policies. In the process, he offers the best primer around on recent US economic history. -- Newsweek 

Product Description
The past twenty years have been an era of economic disappointment in the U.S. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power--they've been hijacked by policy entrepreneurs who offer easy answers to hard problems. 

About the Author
Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He writes a twice-weekly op-ed column for the New York Times and a blog named for his 2007 book, The Conscience of a Liberal. He teaches economics at Princeton University.

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