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Arguing with Zombies

An accessible, compelling introduction to today's major policy issues from the New York Times columnist, best-selling author, and Nobel prize?winning economist Paul Krugman. There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no stronger foe of zombie economics, the misunderstandings that just won't die. In Arguing with Zombies, Krugman tackles many of these misunderstandings, taking stock of where the United States has come from and where it's headed in a series of concise, digestible chapters. Drawn mainly from his popular New York Times column, they cover a wide range of issues, organized thematically and framed in the context of a wider debate. Explaining the complexities of health care, housing bubbles, tax reform, Social Security, and so much more with unrivaled clarity and precision, Arguing with Zombies is Krugman at the height of his powers. Arguing with Zombies puts Krugman at the front of the debate in the 2020 election year and is an indispensable guide to two decades' worth of political and economic discourse in the United States and around the globe. With quick, vivid sketches, Krugman turns his readers into intelligent consumers of the daily news and hands them the keys to unlock the concepts behind the greatest economic policy issues of our time. In doing so, he delivers an instant classic that can serve as a reference point for this and future generations
eBook, English, 2020
W.W. Norton & Company, [Place of publication not identified], 2020
Electronic books
1 online resource
9781324005025, 1324005025
1134412425
Intro
Title
Contents
Introduction: The Good Fight
1. Saving Social Security
Essay: After the Khaki Election
Social Security Scares
Inventing a Crisis
Buying into Failure
Social Security Lessons
Privatization Memories
Where Government Excels
2. The Road to Obamacare
Essay: Developing a Positive Agenda
Ailing Health Care
Health Care Confidential
Health Care Terror
The Waiting Game
Health Care Hopes
Fear Strikes Out
Obamacare Fails to Fail
Imaginary Health Care Horrors
3. The Attack on Obamacare
Essay: The Cruelty Caucus Three Legs Good, No Legs Bad
Obamacare's Very Stable Genius
Get Sick, Go Bankrupt, and Die
How Democrats Can Deliver on Health Care
4. Bubble and Bust
Essay: The Sum of All Fears
Running Out of Bubbles
That Hissing Sound
Innovating Our Way to Financial Crisis
The Madoff Economy
The Ignoramus Strategy
Nobody Understands Debt
5. Crisis Management
Essay: The Triumph of Macroeconomics
Depression Economics Returns
IS-LMentary
Stimulus Arithmetic (Wonkish but Important)
The Obama Gap
The Stimulus Tragedy
6. The Crisis in Economics Essay: The Cost of Bad Ideas
The Mythical Seventies
That Eighties Show
How Did Economists Get It So Wrong?
Bad Faith, Pathos, and G.O.P. Economics
What's Wrong with Functional Finance? (Wonkish)
7. Austerity
Essay: Very Serious People
Myths of Austerity
The Excel Depression
Jobs and Skills and Zombies
Structural Humbug
8. The Euro
Essay: A Bridge Too Far
The Spanish Prisoner
Crash of the Bumblebee
Europe's Impossible Dream
What's the Matter with Europe?
9. Fiscal Phonies
Essay: The Gullibility of the Deficit Scolds
The Flimflam Man The Hijacked Commission
What's in the Ryan Plan?
Melting Snowballs and the Winter of Debt
Democrats, Debt, and Double Standards
On Paying for a Progressive Agenda
10. Tax Cuts
Essay: The Ultimate Zombie
The Twinkie Manifesto
The Biggest Tax Scam in History
The Trump Tax Scam, Phase 2
Why Was Trump's Tax Cut a Fizzle?
The Trump Tax Cut: Even Worse Than You've Heard
The Economics of Soaking the Rich
Elizabeth Warren Does Teddy Roosevelt
11. Trade Wars
Essay: Globaloney and the Backlash
Oh, What a Trumpy Trade War!
A Trade War Primer Making Tariffs Corrupt Again
12. Inequality
Essay: The Skewing of America
The Rich, the Right, and the Facts
Graduates versus Oligarchs
Money and Morals
Don't Blame Robots for Low Wages
What's the Matter with Trumpland?
13. Conservatives
Essay: Movement Conservatism
Same Old Party
Eric Cantor and the Death of a Movement
The Great Center-Right Delusion
The Empty Quarters of U.S. Politics
14. Eek! Socialism!
Essay: Red-Baiting in the 21st Century
Capitalism, Socialism, and Unfreedom
Something Not Rotten in Denmark
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