Faith's Reviews > End This Depression Now!

End This Depression Now! by Paul Krugman

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4151972
's review
Jun 03, 12

bookshelves: borrowed-from-the-library, economics, politics
Recommended for: American voters
Read from May 26 to June 03, 2012, read count: 1

I think Krugman does a pretty good job of explaining how more, not less, government spending can help us to repair the economy and get people to work. He also does an excellent job of showing why austerity is not only not beneficial to those reliant on the government for help but why it can also further weaken economies that are already in recession or depression The most relevant and obvious example that Krugman uses are the case studies of Greece, Spain and Ireland. They've instituted various austerity measures that have only help to worsen their bleak economies. Lastly, his whole book is a refutation of the idea that deficits are automatically bad for the government. We hear this so much in everyday political discourse and it's rarely challenged. I hope that this book will be read by numerous Americans, especially those who are on the fence about who to vote for in the upcoming elections.

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Reading Progress

05/27/2012 page 30
12.0% "I really like this book so far. Krugman is doing a good job of making economic concepts that could go over the average reader's head easy to comprehend."
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