The Age of Diminished Expectations, Third Edition
Paul Krugman
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 years from 1994 - 1997. New material in the third edition includes:
- A new chapter—complete with colorful examples from Llyod's of London and Sumitomo Metals—on how risky behavior can lead to disaster in private markets.
- An evaluation of the Federal Reserve's role in reining in economic growth to prevent inflation, and the debate over whether its targets are too low.
- A look at the collapse of the Mexican peso and the burst of Japan's "bubble" economy.
- A revised discussion of the federal budget deficit, including the growth concern that Social Security and Medicare payments to retiring baby boomers will threaten the solvency of the government.
Year:
1997
Edition:
3
Publisher:
The MIT Press
Language:
english
Pages:
240
ISBN 10:
0585002770
ISBN 13:
9780585002774
File:
PDF, 1.91 MB
IPFS:
,
english, 1997