false 1295541 7 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:<br /> <br /> - 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.<br /> <br /> - 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.<br /> <br /> - A look at the collapse of the Mexican peso and the burst of Japans bubble economy.<br /> <br /> - 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.<br /> <br /> 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. 1284683 1990 The Age of Diminished Expectations, Third Edition: U.S. Economic Policy in the 1990s total:19|5:4|4:7|3:7|2:1| 19 71 39 3 3 0 false false Thu Dec 11 00:00:00 -0800 2008 Thu Dec 11 19:10:06 -0800 2008 Thu Dec 11 19:32:18 -0800 2008
The book is at its finest when serving as a sort of economic textbook. Krugman is an eminently readable economics writer, and ...more...]]> 4 0 false false Tue Jan 01 00:00:00 -0800 2002 Fri Oct 31 13:16:16 -0700 2008 Fri Oct 31 13:16:43 -0700 2008 3 0 false false Thu Jul 17 11:20:17 -0700 2008 Sat Sep 13 11:09:58 -0700 2008 Helped me to appreciate some economic issues, i.e. unemployment vs. inflation. But the rest didn't stick with me.]]> 0 0 false false Fri Oct 02 21:52:35 -0700 2009 Fri Oct 02 21:52:35 -0700 2009 0 0 false false Mon Mar 17 00:00:00 -0800 2003 Sun Sep 06 08:45:56 -0700 2009 Sun Sep 06 08:46:10 -0700 2009 0 0 false false Mon Jul 20 14:37:51 -0700 2009 Mon Jul 20 14:43:23 -0700 2009 0 0 false false Mon Jul 13 23:18:33 -0700 2009 Mon Jul 13 23:18:33 -0700 2009 3 0 false false Tue Jun 09 10:08:11 -0700 2009 Tue Jun 09 10:08:11 -0700 2009 5 0 false false Thu May 01 00:00:00 -0700 1997 Tue Apr 28 09:20:33 -0700 2009 Tue Apr 28 09:20:33 -0700 2009 0 0 false false Wed Apr 22 10:52:01 -0700 2009 Wed Apr 22 10:52:01 -0700 2009 4 0 false false Tue Feb 01 00:00:00 -0800 2005 Wed Apr 08 06:41:08 -0700 2009 Wed Apr 08 18:45:34 -0700 2009 4 0 false false Wed Mar 25 12:27:35 -0700 2009 Wed Mar 25 12:27:35 -0700 2009 0 0 false false Sun Feb 01 20:42:07 -0800 2009 Sun Feb 01 20:42:07 -0800 2009 0 0 false false Thu Jan 08 14:27:41 -0800 2009 Thu Jan 08 14:27:43 -0800 2009 0 0 false false Wed Nov 12 14:04:50 -0800 2008 Wed Nov 12 14:04:50 -0800 2008 0 0 false false Wed Oct 29 19:31:25 -0700 2008 Wed Oct 29 19:31:27 -0700 2008 0 0 false false Tue Oct 28 13:58:30 -0700 2008 Tue Oct 28 13:58:30 -0700 2008 0 0 false false Fri Oct 17 14:12:16 -0700 2008 Fri Oct 17 14:12:16 -0700 2008 0 0 false false Wed Oct 15 21:51:49 -0700 2008 Fri Mar 13 13:28:09 -0700 2009 0 0 false false Wed Oct 15 10:26:50 -0700 2008 Wed Oct 15 10:26:50 -0700 2008