Paul Krugman’s bookclubbing with us this week at TPMCafe on his latest book, The Return Of Depression Economics And The Crisis Of 2008.
From Paul’s first post:
“Right now the world economy is in a nosedive, and understanding what I call “depression economics” — the weird world you get into when even a zero interest rate isn’t low enough, and a messed-up financial system is dragging down the real economy — is essential if we’re going to avoid the worst.”
Examining that weird world along with Paul are Dean Baker, co-director of the Center for Economic and Policy Research; Brad DeLong, professor of economics at UC Berkeley, and former Deputy Assistant Secretary of Treasury in the Clinton Administration; Robert Reich, professor at UC Berkeley’s Goldman School of Public Policy, and former U.S. Secretary of Labor from 1993 to 1997; Dana Chasin, Senior Policy Advisor at OMB Watch; Jo-Ann Mort, the founder and CEO of ChangeCommunications, Randall Wray, professor of economics and research director at the Center for Full Employment and Price Stability at the University of Missouri-Kansas City; Mark Thoma, associate professor of economics at the University of Oregon; and Susan Feiner, professor of economics and women’s and gender Studies at the University of Southern Maine.
