The Age of Diminished Expectations: U.S. Economic Policy in the 1990s
Paul KrugmanThe Age of Diminished Expectations: U.S. Economic Policy in the 1990s
January 1, 1990MIT Press260 pages
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Description
This edition looks at how risky behaviour can lead to disaster in private markets, with colourful examples from Lloyd's of London and Sumitomo Metals. Krugman also considers the collapse of the Mexican peso, and the burst of Japan's 'bubble' economy.
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