Economic Sense And Nonsense
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Peddling Prosperity
Author | : Paul R. Krugman |
Publisher | : W. W. Norton & Company |
Total Pages | : 326 |
Release | : 1995-04-04 |
Genre | : Business & Economics |
ISBN | : 9780393312928 |
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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.
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Economics is like a tyre lever: it can be used to solve a problem, or to beat someone over the head. What is econobabble? We hear it every day, when politicians