Full name: The Age of Diminished Expectations: U.S. Economic Policy in the 1990s

Author: Paul Krugman Year: 1990 Rank: Rating: Original Rating: Pop Rating: Genres/categories: Economics, Non Fiction Purchase/reserch links: LibraryThing Goodreads Amazon ISBNs: 9780262611343 0262611341

Paul Krugman's popular guide to the economic landscape of the 1990s has been revised and updated to take into account economic developments of the past three years. New material in the third edition includes: - A new chapter--complete with colorful examples from Lloyds of London and Sumitomo Metals--on how risky behavior can lead to disaster in private markets.- An evaluation of the Federal Reserves role in reining in economic growth to prevent inflation, and the debate over whether its growth targets are too low.- A look at the collapse of the Mexican peso and the burst of Japans bubble economy.- A revised discussion of the federal budget deficit, including the growing concern that Social Security and Medicare payments to retiring baby boomers will threaten the solvency of the government. Finally, in the updated concluding section, the author provides three possible scenarios for the American economy over the next decade. He warns that we live in an age of diminished expectations, in which the voting public is willing to settle for policy drift--but with the first of the baby boomers turning 65 in 2011, the U.S. economy will not be able to drift indefinitely. Similar books: Principles of economics by Alfred Marshall The Principles of Political Economy and Taxation by David Ricardo Economics Explained by Robert L. Heilbroner Economics by Ha-Joon Chang Doughnut Economics by Kate Raworth The Nature of Economies by Jane Jacobs The Accidental Theorist by Paul Krugman The Armchair Economist by Steven E. Landsburg The Housing Boom and Bust by Thomas Sowell Basic Economics by Thomas Sowell Common Wealth by Jeffrey D. Sachs Economic Facts and Fallacies by Thomas Sowell The Return of Depression Economics by Paul Krugman How an Economy Grows and Why It Crashes by Peter D. Schiff Pop Internationalism by Paul Krugman Study Guide for Macroeconomics by Paul Krugman Poor Economics by Abhijit V. Banerjee Principles of Economics by Carl Menger Good Economics for Hard Times by Abhijit V. Banerjee