RT Book, Whole DB /z-wcorg/ DS http://worldcat.org ID 40856823 LA English T1 The return of depression economics A1 Krugman, Paul R., PB W.W. Norton PP New York YR 1999 SN 039304839X 9780393048391 AB Surely the Great Depression could not happen again; our economists and policy makers simply have too many tools in their kit and too much experience applying them. Or could it? Paul Krugman gives us a sobering tour of the global economic crises of the last two years. In the 1930s policy makers realized that they had to limit the free market in order to save it. Today, when governments worldwide have spent decades lifting regulatory restraints on trade within and across their borders, interference in markets is completely out of favor as a policy tool. With his usual creativity and willingness to consider new ideas, Krugman suggests that a variety of capital restraints may well be in order. This book is for anyone with any level of economic background who wishes to understand the stunning events in today's global economy.