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It's impossible to read these twenty-year-old essays and not feel like many of them haven't aged a day. Whether you agree with them or not, or whether you even like the infamously acerbic Krugman or not, to a remarkable extent the logic behind the majority of these columns still feels fresh and relevant. I'm a big fan of his for a few reasons: I learned a lot of macro from his writings in grad school, I enjoy his lucid writing style, and I share his social-democratic political leanings with an a...
This collection of essays - most written around 10 yrs ago, in the late 90s - is an easy read, very accessible, but brief and cogent essays on macroeconomics. While the situations and examples are sometimes a little dated, a these were mostly magazine pieces, the ideas are still relevant for the most part. A few of the metaphors are quite brilliant for distilling otherwise boring-to-many issues (like monetary policy) for a layperson. He writes for the NYT. He's liberal and much of this book atta...
I like Paul Krugman, he's really good at explaining economics, and his take on economic conservatism and health care is illuminating:The reason, I believe, is that the political appeal of economic conservatism in the United States really has little to do with an appreciation of the virtues of free markets. Instead it is about the promise of something for nothing – a rejection of the idea taxes must be collected, that scarce resources must be conserved. The reason the electorate likes tax reform
Sure, it is a bit dated; but that does not make it wrong. Being a selection of articles it lacks a consistent theme. However, it is worth a read and is very readable. Overall, I enjoyed it; but I would be hesitant to suggest it. My reason for being hesitant to suggest it is that it really doesn't address any particular issue. What it provided me was a new insight into how to communicate economic information without jargon.
El libro pretende ser de "divulgación", sin embargo, me fue difícil avanzar en la lectura. Con una rápida revisión de conceptos de macroeconomía (Coursera), me fue más fácil avanzar y terminar el libro. Eso no implica, claro, que yo entienda macroeconomía ó que haya entendido todo. Pero sí me dí cuenta de lo mucho que no entendía y algunas ideas que platica en el libro son muy interesantes y cambiaron la forma en la que yo pensaba.
There are some good nubs in this book but it is very dated. Mostly we spend our time seeing Krugman joust with windmills and strut with straw knights of bygone theories, at least it's a short read.
Krugman’s ability to tackle famous - and often misunderstood - micro- and macroeconomic theories in a simplified but interrogative way makes this book an interesting, informative read for anyone who wishes to increase their understanding of economics.Though some of the points raised don’t hold up as well anymore (particularly those on environmental degradation), this is the mostly a result of the book being 25 years old and therefore no longer particularly relevant in the current political clima...
There is the very real danger of reading a 20-year-old book of popular economics essays, declaring oneself an expert and becoming a cocktail party bore, which I am resisting.Krugman is still making many of the same points (trickle-down even more thoroughly discredited) but the one more academic concept that seems like one ought to know about is NAIRU (non-accelerating inflation rate of unemployment) which suggests to me that a magic wand that would double the national economic growth rate or ban...
Krugman won the Nobel Prize in Economics just a few days after I checked this out of the library. I'd been reading his essays in the NYT for years, and his books had been on my to-be-read list for almost as long.This set of essays is easy to read, mostly. At times the concepts can get a bit slippery to those of us that might not sufficiently remember enough about macroeconomics. They are a bit dated, however, dealing with events of the mid-to-late nineties, and I kept wondering whether and to wh...
Although nearing 20 years old, and with some essays going back as far as 1995, this book remains highly relevant to the global economy today, touching on a number of issues from inequality to currency to the environment. I would highly recommend for those interested in economics.
Idk why I read this tbh. Useful when he keeps it simple and I'm always here for takedowns of supply side economics but too often he tries too hard to make himself sound more intelligent than the person he's trying to disprove. In addition, as per usual with Krugman, anything said regarding technology can be thrown in the nearest dumpster lol
ithout any recourse to a penumbra of mind numbing equations and a plethora of jargons, Paul Krugman in this collection of 30 odd concise essays demonstrates that the proverbial 'dismal' science can in fact be anything but dismal! Covering a wide repertoire of topics from environment to egregious speculation; from downsizing to inflation, "The Accidental Theorist" speaks out, nay pours forth with candor, vigour and vibrancy.
This is a kickstart of Paul Krugman books in my list. It feels fresh as never thought that it was written almost two decades ago. Every point highlighted seems very fresh as exactly what has he predicted, happened. While reading this book, my subconcious mind had read it as it is been reviewed in TheEdge news. Remarkably, interesting and full of insight. Thanks to Prof. Meruoane who recommendes me to Paul Krugman's book. More adventure to come!
Una colección de ensayos de los años 90 cargados de ironía y mucho sentido del humor al momento de explicar conceptos de la teoría económica a la luz de algunos de los hechos más destacados de la política norteamericana de la época y de las grandes crisis monetarias del mismo periodo ( México, Argentina, Asía, UK, Suecia) Un libro muy divertido, que muestra que la economía en las manos apropiadas se puede volver mucho más que la "dismal science".
Very few economists write well. Very few journalists and politicians understand economics. Therefore, the public remains remarkably ill-informed about economic matters and this has realworld consequences: policy decisions are not infrequently based on misinformation and inept reasoning, and this can and does hurt the country’s economic health. A Nobel Prize-winning economist and New York Times columnist, Krugman writes very well and pulls no punches: he is, as my economist brother says, “a young...
Enjoyable, quick read. Comprised of columns from the mid 90s, appearing primarily in Slate. There are hints of his invective style that define his writing today, but the writing is mostly analytical and thoughtful. Some of the material is certainly dated and a reflection of events 25 years ago, but conceptual basis for the columns are quite relevant to today: I) technological pessimism, ii) ways of looking at the impact of trade on employment; iii) exchange rate policy and so on. I found “Pop In...
Pros-Good collection of articles-Very relevant even todayCons-While the essays were individually profounding, I felt a disconnect between topics-You need to understand a bit of the us economics world else you would be scouring for more explanation online like me!Pro tip-Most of these individual work are online and can be read free of cost :D
Krugman argument is simple, in the economy, the most important part are:- Employment- Ideology is useless (right vs wrong, is political)- Globalization- Ilusion of growth- Global (financial) market- Market is complicated
Excelente
It looks like Prof. Paul Krugman may certainly be interested in reading of Business Cycles in Economics book by Viktor O. Ledenyov and Dimitri O. Ledenyov!!!