The Return of Depression Economics
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The Return of Depression Economics is a book by economist Paul Krugman that analyzes modern financial crises through the lens of Great Depression-era economics and argues for active government intervention to prevent and mitigate economic downturns.
All labels observed (1)
| Label | Occurrences |
|---|---|
| The Return of Depression Economics canonical | 2 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf | book ⓘ |
| advocates |
capital controls in some crisis situations
ⓘ
lender of last resort interventions ⓘ |
| analyzes |
Asian financial crisis
NERFINISHED
ⓘ
Japanese asset price bubble and stagnation ⓘ Latin American financial crises ⓘ |
| author |
Paul Krugman
NERFINISHED
ⓘ
Paul Krugman NERFINISHED ⓘ |
| compares | Great Depression NERFINISHED ⓘ |
| countryOfOrigin |
United States of America
ⓘ
surface form:
United States
|
| criticizes |
austerity policies during downturns
ⓘ
excessive faith in self-regulating markets ⓘ |
| fieldOfStudy |
international finance
ⓘ
macroeconomic policy ⓘ |
| genre |
economics literature
ⓘ
non-fiction ⓘ |
| hasEdition | The Return of Depression Economics and the Crisis of 2008 NERFINISHED ⓘ |
| hasPerspective | Keynesian ⓘ |
| hasReception |
influential in public economic debate
ⓘ
widely cited during the 2008 financial crisis ⓘ |
| intendedAudience |
general readers
ⓘ
policy makers ⓘ students of economics ⓘ |
| language | English ⓘ |
| mainSubject |
2007–2008 financial crisis
ⓘ
Great Depression NERFINISHED ⓘ Keynesian economics ⓘ economic policy ⓘ financial crises ⓘ global recession ⓘ government intervention in the economy ⓘ macroeconomics ⓘ |
| mediaType |
hardcover
ⓘ
paperback ⓘ print ⓘ |
| notableIdea |
depression-style economics can return in modern economies
ⓘ
importance of demand management ⓘ liquidity trap as a policy constraint ⓘ |
| proposes |
active fiscal policy to combat recessions
ⓘ
aggressive monetary policy at the zero lower bound ⓘ |
| publicationYear |
1999
ⓘ
2008 ⓘ |
| publisher |
W. W. Norton & Company
NERFINISHED
ⓘ
W. W. Norton & Company NERFINISHED ⓘ |
| relatedWork |
End This Depression Now!
NERFINISHED
ⓘ
The Conscience of a Liberal NERFINISHED ⓘ The Great Unraveling NERFINISHED ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Paul Krugman