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Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished
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Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations Paperback - 1995

by Paul Krugman

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.


From the publisher

This wonderfully received book finds him in top form, observing the years he's dubbed the age of diminished expectations. The past twenty years have been an era of economic disappointment in the United States. 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--economic snake-oil salesmen, right or left, who offer easy answers to hard problems. Supply-siders rose to power with Ronald Reagan and not only cured nothing but left behind a $3 trillion debt. Krugman finds an unhappy parallel in those who shape policy within the Clinton administration.

First line

In 1981 Senator Daniel Patrick Moynihan uttered a startling pronouncement: "The Republicans," he declared, "are now the party of ideas."

Details

  • Title Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations
  • Author Paul Krugman
  • Binding Paperback
  • Edition [ Edition: Repri
  • Pages 320
  • Volumes 1
  • Language ENG
  • Publisher W. W. Norton & Company, Scranton, Pennsylvania, U.S.A.
  • Date April 1995
  • ISBN 9780393312928 / 0393312925
  • Weight 0.63 lbs (0.29 kg)
  • Dimensions 8.66 x 5.62 x 0.81 in (22.00 x 14.27 x 2.06 cm)
  • Library of Congress Catalog Number 00000000
  • Dewey Decimal Code 330.15
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by Krugman, Paul

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