End This Depression Now!
E680354
End This Depression Now! is an economics book by Nobel laureate Paul Krugman that argues for aggressive government action to quickly end deep economic slumps like the Great Recession.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ |
| author | Paul Krugman NERFINISHED ⓘ |
| authorNobelPrizeField | Economic Sciences NERFINISHED ⓘ |
| authorNobelPrizeYear | 2008 ⓘ |
| callsFor | ending the economic slump rapidly rather than waiting for market self-correction ⓘ |
| countryOfOrigin |
United States of America
ⓘ
surface form:
United States
|
| criticizes |
austerity measures in the Eurozone
ⓘ
austerity measures in the United States ⓘ expansionary austerity theory ⓘ premature deficit reduction during recessions ⓘ |
| genre |
economics
ⓘ
political economy ⓘ |
| hasPerspective |
pro-Keynesian
ⓘ
pro-stimulus ⓘ |
| influencedBy |
John Maynard Keynes
NERFINISHED
ⓘ
Keynesian economics ⓘ |
| language | English ⓘ |
| mainArgument |
austerity policies worsen economic downturns
ⓘ
governments should use aggressive fiscal stimulus to end deep economic slumps quickly ⓘ low interest rates make large-scale government borrowing affordable during recessions ⓘ persistent mass unemployment is a solvable problem with appropriate policy ⓘ |
| mediaType |
e-book
ⓘ
print ⓘ |
| notableIdea |
deep slumps are primarily demand-driven and reversible with policy
ⓘ
liquidity trap limits effectiveness of conventional monetary policy ⓘ |
| placesEmphasisOn | short-run demand management over long-run deficit concerns ⓘ |
| proposesPolicy |
large temporary increases in government spending
ⓘ
temporary tax cuts targeted at lower- and middle-income households ⓘ tolerating higher inflation in the short run to reduce real interest rates ⓘ |
| publicationDate | 2012 ⓘ |
| publisher | W. W. Norton & Company NERFINISHED ⓘ |
| relatedTo |
The Conscience of a Liberal
NERFINISHED
ⓘ
The Return of Depression Economics and the Crisis of 2008 NERFINISHED ⓘ |
| subject |
Great Recession
NERFINISHED
ⓘ
economic crisis ⓘ fiscal policy ⓘ macroeconomic policy ⓘ monetary policy ⓘ unemployment ⓘ |
| targetAudience |
economics students
ⓘ
general readers ⓘ policy makers ⓘ |
| timePeriodCovered |
Great Recession
NERFINISHED
ⓘ
aftermath of the 2008 financial crisis ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Paul Krugman