End This Depression Now! A Review of P. Krugman's Book

Csongor Hajdu


This paperback version of the Nobel-Prize winning economist Paul Krugman’s New York Times’ best-seller book reviews if the findings in hardcover version remained well-founded after major political and economic actions (US elections, European austerity measures), and it seemed that the essential message remained unchanged.

Krugman aims to answer primarily not how the 2008 crisis happened but what to do to recover and how to avoid similar cases in the future. First of all we must use our knowledge of previous depressions, then accept that we are in a depression and take the proper steps: job creation instead of austerity.


Depression, Keynesia economics, austerity, crisis

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DOI: https://doi.org/10.14267/cjssp.2016.02.10


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ISSN: 2062-087X

DOI: 10.14267/issn.2062-087X