Jack's Reviews > The Great Unraveling: Losing Our Way in the New Century

The Great Unraveling by Paul Krugman

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5974604
's review
Aug 06, 11

bookshelves: business-finance, history, politics-and-social-thought

With a name like "the great unraveling," an author like Paul Krugman, and promises to address the financial crisis, I was expecting a thoughtful meditation on the fundamental causes of the crisis. What was delivered however, was a clever money-making ploy, in which Krugman culled together his NYtimes articles from recent years, with tangential connections to the current financial situation. His articles mostly address instead his thoughts on a vast right-wing conspiracy against rationalism, moderation, and all that is good and right with the world (Bill Clinton would be proud). Krugman especially tragets the Bush administration (admittedly deservingly most of the time) also addresses issues of free trade, and fiscal responsibility. Although he offers great insights on how we can have responsible taxation and irresponsible budget cuts, there is no real tie to the onset of the financial crisis. There is also no real strong ties between the various topics that his articles address. Overall, while I was expecting a book on rigorous economics, I got a series of politicized articles.

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