Peddling prosperity

economic sense and nonsense in the age of diminished expectations

by Paul R. Krugman

1994 303 pages eng

The past twenty years have been an era of economic disappointment in the United States. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. Above all, they have been the age of the policy entrepreneur - the economic snake-oil salesman, right or le…