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*{{cite news|last=Kim|first=Joshua|title=Keynes, Krugman, and "End This Depression Now"|url=http://www.insidehighered.com/blogs/technology-and-learning/keynes-krugman-and-end-depression-now|newspaper=Inside Higher Ed|date=June 3, 2012}}
*{{cite news|last=Kim|first=Joshua|title=Keynes, Krugman, and "End This Depression Now"|url=http://www.insidehighered.com/blogs/technology-and-learning/keynes-krugman-and-end-depression-now|newspaper=Inside Higher Ed|date=June 3, 2012}}
*{{cite news|title=End This Depression on Democracy Now!|url=http://krugman.blogs.nytimes.com/2012/05/17/end-this-depression-on-democracy-now/|newspaper=The New York Times|date=May 17, 2012}}
*{{cite news|title=End This Depression on Democracy Now!|url=http://krugman.blogs.nytimes.com/2012/05/17/end-this-depression-on-democracy-now/|newspaper=The New York Times|date=May 17, 2012}}
*Thibeault, Aaron [http://newbooksinbrief.wordpress.com/2012/06/18/15-a-summary-of-end-this-depression-now-by-paul-krugman/ An Executive Summary of 'End This Depression Now!] June 18, 2012


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Revision as of 11:40, 29 August 2012

End This Depression Now!
Cover
AuthorPaul Krugman
LanguageEnglish
SubjectGreat Recession
GenreNonfiction
PublisherW. W. Norton & Company
Publication date
2012
Publication placeUnited States
Media typePrint (Hardcover), audiobook
Pages272
ISBN[[Special:BookSources/ISBN+0393088774%3Cbr%3EISBN+978-0393088779 |ISBN 0393088774
ISBN 978-0393088779]] Parameter error in {{ISBNT}}: invalid character

End This Depression Now! is a non-fiction book by American economist and winner of the Nobel Prize in economics Paul Krugman. 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. His books include The Accidental Theorist, The Conscience of a Liberal, Fuzzy Math, The Great Unraveling, Peddling Prosperity, and two editions of The Return of Depression Economics, both national bestsellers.

The book is intended for a general audience and was published by W. W. Norton & Company in April 2012. Krugman has presented his book at the London School of Economics,[1] on fora.tv,[2] and elsewhere.[3]

Premises of the book

The book is viewed as delivering a call for stimulative expansionary policy and an end to austerity. It points out that existing historical economic data demonstrate: fiscal cuts and austerity measures just deprive the economy of precious funds that can circulate and add to a poor economy. If there is large unemployment, there can not be sufficient consumption. Under poor consumption people are unable to spend and markets cannot thrive. Krugman disputes that although it is necessary to cut debt, it is the worst moment to do so at the time when an economy has just suffered the severe financial shocks. It must be done when an economy is full-employed and the private sector can endure the burden of decreased government spending and austerity. Failure to stimulate the economy by public or private sectors will just unnecessarily lengthen the current economic depression and make it worse.[4]

References