The Accidental Theorist: And Other Dispatches from the Dismal Science

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W. W. Norton & Company, Feb 18, 2010 - Business & Economics - 204 pages
4 Reviews

"Everything Mr. Krugman has to say is smart, important and even fun to read . . . he is one of a handful of very bright, relatively young economists who do everything well." — Peter Passell, New York Times Book Review

In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here brilliantly combines the acerbic style and clever analysis that has made Krugman famous. Imagine declaring New York its own country and you get a better picture of our trade balance with China and Hong Kong. Try reducing the economy to the production of hot dogs and buns and you’ll understand why common beliefs about the impact of production efficiency on labor demand are wrong. This is a collection that will amuse, provoke, and enlighten, in classic Paul Krugman style. "[Paul Krugman] writes better than any economist since John Maynard Keynes." — Rob Norton, Fortune "[Paul Krugman is] probably the most creative economist of his generation." — The Economist 

Winner of the John Bates Clark Medal
 

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The accidental theorist: and other dispatches from the dismal science

User Review  - Not Available - Book Verdict

Krugman brightens the "dismal science" of economics with this essay collection clarifying an array of topics from general monetary policy to downsizing to wealth inequality, liquidity, even economic "crank doctrines." (LJ 6/15/98) Read full review

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"This is a collection of Kurgman's short articles from the 70's to 1999. They are touching everyday economical issues and contain the usual opposition against fellow economists and political opponents. It is easy to read as Krugman covers one specific economical principal per article (some non-mainstream), explains it and places his critics on all policy maker in general.
I agree with his idea to create free markets in area of missing property rights - but that's about it."
 

Contents

Introduction
7
Downsizing Downsizing
24
The Virus Strikes Again
43
An Unequal Exchange
52
Why the Conservative Revolution
62
We Are Not the World
75
A Balanced View of Chinas Trade
87
Not So Wondrous
101
What Is Wrong with Japan?
123
How Copper Came a Cropper
138
Who Poisoned Asias Currency Markets?
146
Making the World Safe for George Soros
153
Economists Go for the Green
167
Taxes and Traffic Jams
173
Rat Democracy
179
The CPI and the Rat Race
191

A Good Word for Inflation
116

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About the author (2010)

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He is a best-selling author, columnist, and blogger for the New York Times, and is a professor of economics and international affairs at Princeton University.

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