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"Paul Krugman is a hero of mine. Read his book."―Al Franken
No one has more authority to call the shots the way they really are than award-winning economist Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine.A major bestseller, this influential and wide-ranging book has been praised by BusinessWeek as Krugman's "most provocative and compelling effort yet," the New York Review of Books as "refreshing," and Library Journal as "thought-provoking...even funny." The American Prospect put it in vivid terms: "In a time when too few tell it like it is...[Krugman] has taken on the battle of our time."
Built from Paul Krugman's influential Op-Ed columns for the New York Times, this book galvanized the reading public. With wit, passion, and a unique ability to explain complex issues in plain English, Krugman describes how the nation has been misled by a dishonest administration.
In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, from the war in Iraq to the looting of California to the false pretenses used to sell an economic policy that benefits only a small elite, Krugman tells the uncomfortable truth like no one else. And he gives us the road map we will need to follow if we are to get the country back on track.
The paperback edition features a new introduction as well as new writings.
- Sales Rank: #548101 in Books
- Brand: Paul Krugman
- Published on: 2004-08-17
- Original language: English
- Number of items: 1
- Dimensions: 8.20" h x 1.00" w x 5.50" l, 1.09 pounds
- Binding: Paperback
- 560 pages
- The Great Unraveling Losing Our Way in the New Century
Amazon.com Review
The Great Unraveling is a chronicle of how "the heady optimism of the late 1990s gave way to renewed gloom as a result of "incredibly bad leadership, in the private sector and in the corridors of power." Offering his own take on the trickle-down theory, economist and columnist Paul Krugman lays much of the blame for a slew of problems on the Bush administration, which he views as a "revolutionary power...a movement whose leaders do not accept the legitimacy of our current political system." Declaring them radicals masquerading as moderates, he questions their motives on a range of issues, particularly their tax and Social Security plans, which he argues are "obviously, blatantly based on bogus arithmetic." Though a fine writer, Krugman relies more heavily on numbers than words to examine the current rash of corporate malfeasance, the rise and fall of the stock market bubble, the federal budget and the future of Social Security, and how a huge surplus quickly became a record deficit. He also rails against the news media for displaying a disturbing lack of skepticism and for failing to do even the most basic homework when reporting on business and economic issues. The book is mainly a collection of op-ed pieces Krugman wrote for The New York Times between 2000 and 2003. Overall, this format works well. Krugman writes clearly about complicated issues and offers plenty of evidence and hard facts to support his theories regarding the intersection of business, economics, and politics, making this a detailed, informative, and thought-provoking book. --Shawn Carkonen
From Publishers Weekly
This selection of three years of New York Times op-eds by economist and Princeton professor Krugman document his opposition to the governance of George W. Bush and his "bad economics wrapped in the flag." In his introduction, Krugman asserts that Bush is a radical and that America's right wing is "a revolutionary power... a movement whose leaders do not accept the legitimacy of our current political system." The core of the book's 100-plus columns is dedicated to eviscerating Bush's fiscal policies, uncovering the administration's hidden agendas, as well as castigating the media for letting him get away with it. A handful of articles advocate the globalization of free trade. Much of the material will be familiar to Times readers, but reading the items together reveals Krugman's growing anger at the hubris he sees exhibited by the extreme right wing and its seeming defiance of logic. At first, Krugman is a numbers man, methodically parsing the data (demonstrating, for example, how the heartland is not, statistically, more committed to family than people on the coasts), but over time he arrives at the conclusion that "Yes, Virginia, there is a vast right-wing conspiracy" and "it works a lot like a special-interest lobby." Krugman is one of the few commentators able to sound both appalled and reasonable at the same time as he provides an alternate history of the last three years to that penned by conservative pundits. Many readers will find Krugman very persuasive as to how our present government has done us wrong.
Copyright 2003 Reed Business Information, Inc.
Review
“A rigorously argued, angrily eloquent, fiercely patriotic book.”
- Boston Sunday Globe
“Paul Krugman is the indispensable American columnist, a voice of truth in a political world of lies and calculated injustice. This book is even better. It makes the case, unrestrained by deference, that a revolutionary right-wing movement is out to transform the United States-and is succeeding, rolling over a supine press and political opposition.”
- Anthony Lewis
“Paul Krugman is the great discovery of recent American journalism. Lively, lucid, witty, superbly informed, his commentary on the state of the union is required reading for anyone concerned about the American future.”
- Arthur M. Schlesinger, Jr.
“The title of Paul Krugman's The Great Unraveling might well have been The Great Usurpation. In a republic hijacked by the radical right whose leaders reject the legitimacy of our current political system, Paul Krugman's coruscant book calls for a "great revulsion" across the land before it is too late.”
- David Levering Lewis, author of W.E.B. DuBois: Biography of a Race
“If I had a tenth of Paul Krugman's brain and a twentieth of his courage, I'd be the happiest person on the face of the Earth.”
- James Carville
“The new Krugman book documents why this top-drawer academic economist deserves at least one Pulitzer Prize for his accurate Times op-ed columns that are a lone voice, telling things as they are and debunking Washington policies that are neither compassionate nor conservative. Plutocratic democracy is in the saddle. Rx. Krugman twice a week and in this coherent sum-up on relevant 2003-2010 economics. Buy. Read. Ponder. Benefit.”
- Paul A. Samuelson, Institute Professor Emeritus, Massachusetts Institute of Technology
Most helpful customer reviews
0 of 0 people found the following review helpful.
A Magnificent Compendium of American Politics... and other issues
By ellis_architect
A well-researched and witty account of the economic woes of the fail decade. I haven't followed Krugman all this time but recent enlightening articles have caused me to search out this book: essentially a compilation of his past articles. If you've read him before then this isn't a necessary purchase - but a rather nice collection all the same. If you haven't read him, and are interested in learning a lot about American politics and global economics, then get this book. I've personally learned a lot of this author and continue to read his articles to this day,
0 of 0 people found the following review helpful.
Good writing and great commentary but becoming somewhat irrelevant to ...
By Drew Buehler
Good writing and great commentary but becoming less interesting compared to what happened in the recession of 2008-9. There are many parallels between the time period this book talks about and present day (2014-15). The book can seem redundant in its criticisms of the Bush Administration after awhile. However he effectively sheds light of the radical right-wing workings of the Bush Administration which caused many of the problems we are dealing with today.
0 of 0 people found the following review helpful.
The way things might have been...
By Thomas E Beach
This book by Paul Krugman makes you realize that, buried by the national insanity of Bush/Cheney's Iraq war mania, there were actual real voices that saw things another way. Had anyone listened, we'd be living a very different world right now. This indictment of the true evil-doers of the era -- Bush, Cheney, et al -- is thorough, and thoroughly depressing.
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