The Great Recession is more than four years old - and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge - all the ingredients for prosperity and a decent standard of living for all - remain in a state of intense pain." With characteristic lucidity and insight, Krugman pursues the questions of how bad the situation really is, how we got stuck in what can now be called a depression and above all, how we free ourselves. He has a powerful message for anyone who has suffered over these past four years - a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
"...a thoroughly persuasive polemic against premature fiscal austerity in the wake of a deep recession." Robert Harding, Financial Times "...Krugman divides opinion like no other. To his followers, he's a saint; to his detractors, he's a false prophet with satanic intent." Jeremy Warner, The Daily Telegraph "Krugman...most hated and most admired columnist in the US..." Martin Wolf, Financial Times "It's the sort of book you wish were compulsory reading, and want to quote to anyone who'll listen, because End This Depression Now! provides a comprehensive narrative of how we have ended up doing the opposite of what logic and history tell us we must do to get out of this crisis." Decca Aitkenhead, The Guardian "Loathe him or love him - and Krugman's take-no-prisoners writing style has as many enemies as admirers - it is impossible to ignore him." Ben Chu, The Independent "I hope without much confidence that the book's wide readership includes the UK prime minister and chancellor." Samuel Brittan, Financial Times "Anyone persuaded by Osborne's eulogy of reduced deficits at the Mansion House last week should read Krugman's End This Depression Now! His plea for immediate, universal demand expansion is unanswerable." Simon Jenkins, The Guardian "[Paul Krugman] is one of a golden generation of economic thinkers...that have emerged to dominate the debate about the causes and consequences of slump." The Jewish Chronicle