If you want a concise, accurate, easy-to-read, fact-based (i.e. with data) accounting of how our economy got so f*cked up, go buy this book.
For extra credit, go read this one too. Yves Smith will give you an intimate look inside the world of “high finance” and how the “quants” drove our economy over a cliff. Also fact-based and chock-full-o-data.
Looks intriguing. Thank you for the heads up.
I can save you all “the price” of reading Dante’s comment just below.
Dante: A noun, a verb and “union thugs” or “entitlement [fill-in-the-blank]”.
That is all.
I can save you all the price of the book here is Krugmans whole plan, no cuts in any federal program and increase taxes on all people except those who live the entitlement lifestyle.
Krugman (sort of) responds to you: