The Accidental Theorist: And Other Dispatches from the Dismal Science

Overview

"Everything Mr. Krugman has to say is smart, important and even fun to read . . . he is one of a handful of very bright, relatively young economists who do everything well." — Peter Passell, New York Times Book Review
In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here ...

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The Accidental Theorist: And Other Dispatches from the Dismal Science

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Overview

"Everything Mr. Krugman has to say is smart, important and even fun to read . . . he is one of a handful of very bright, relatively young economists who do everything well." — Peter Passell, New York Times Book Review
In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here brilliantly combines the acerbic style and clever analysis that has made Krugman famous. Imagine declaring New York its own country and you get a better picture of our trade balance with China and Hong Kong. Try reducing the economy to the production of hot dogs and buns and you’ll understand why common beliefs about the impact of production efficiency on labor demand are wrong. This is a collection that will amuse, provoke, and enlighten, in classic Paul Krugman style. "[Paul Krugman] writes better than any economist since John Maynard Keynes." — Rob Norton, Fortune "[Paul Krugman is] probably the most creative economist of his generation." — The Economist
Winner of the John Bates Clark Medal

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Editorial Reviews

Library Journal
Krugman brightens the "dismal science" of economics with this essay collection clarifying an array of topics from general monetary policy to downsizing to wealth inequality, liquidity, even economic "crank doctrines." (LJ 6/15/98)
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Product Details

  • ISBN-13: 9780393318876
  • Publisher: Norton, W. W. & Company, Inc.
  • Publication date: 4/28/1999
  • Pages: 204
  • Sales rank: 951,750
  • Product dimensions: 5.50 (w) x 8.30 (h) x 0.60 (d)

Meet the Author

Paul Krugman

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He is a best-selling author, columnist, and blogger for the New York Times, and is a professor of economics and international affairs at Princeton University.

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Table of Contents

Introduction 7
Pt. 1 Jobs, Jobs, Jobs 13
The Accidental Theorist 18
Downsizing Downsizing 24
Vulgar Keynesians 28
Unmitigated Gauls: Liberte, Egalite, Inanite 34
Pt. 2 Right-Wing Wrongs 39
The Virus Strikes Again 43
Supply-Side's Silly Season 47
An Unequal Exchange 52
The Lost Fig Leaf: Why the Conservative Revolution Failed 62
Gold Bug Variations: Understanding the Right-Wing Gilt Trip 66
Pt. 3 Globalization and Globaloney 71
We Are Not the World 75
In Praise of Cheap Labor: Bad Jobs at Bad Wages Are Better than No Jobs at All 80
The East Is in the Red: A Balanced View of China's Trade 87
Pt. 4 Delusions of Growth 97
Technology's Wonders: Not So Wondrous 101
Four Percent Follies 105
A Good Word for Inflation 116
What Is Wrong with Japan? 123
Seeking the Rule of the Waves 127
Pt. 5 The Speculator's Ball 135
How Copper Came a Cropper 138
The Tequila Effect 142
Bahtulism: Who Poisoned Asia's Currency Markets? 146
Making the World Safe for George Soros 153
Pt. 6 Beyond the Market 163
Earth in the Balance Sheet: Economists Go for the Green 167
Taxes and Traffic Jams 173
Rat Democracy 179
A Medical Dilemma 184
The CPI and the Rat Race 191
Looking Backward 196
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