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Paul Krugman: How to End This Depression

End This Depression Now!

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End This Depression Now!
by Paul Krugman (W. W. Norton & Company, 2012; $26.50)

Paul Krugman is stepping up to play the kind of role that John Maynard Keynes performed in the 1930s -- arguing in clear accessible language for the government to spend to get us out of the slump. End This Depression Now! is his just-published polemic against the austerians -- the powerful tribe found on both sides of the Atlantic that insists on balanced budgets. The book frequently hits the mark, but there is a crucial weakness that undermines the power of Krugman’s case.

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