Paul Krugman on Staring Down Depression Economics

Synopsis

Edgewise is pleased to bring an extended conversation with Dr. Paul Krugman, Professor of Economics and International Affairs at Princeton University, a regular columnist for the New York Times, and the 2008 recipient of the Nobel Prize in Economics. In this interview Dr. Krugman provides a concise account of the events that led to the current economic crisis, and offers a prognosis for recovery. Dr. Krugman shares insights from his book The Great Unraveling: Losing Our Way in the New Economy. In this book, Dr. Krugman 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; and offers a road map for recovery.