Ron Paul vs. Paul Krugman

List Price: $9.99

Add to Cart
About the author:
Jeremy R. Hammond is an independent political analyst and recipient of the Project Censored Award for Outstanding Investigative Journalism. He is the founding editor of Foreign Policy Journal (www.foreignpolicyjournal.com) and may also be found on the web at JeremyRHammond.com.

Ron Paul vs. Paul Krugman
 

Austrian vs. Keynesian economics in the financial crisis

Authored by Jeremy R. Hammond

Why do modern economies go through the "business cycle" of booms and busts? What caused the U.S. housing bubble that precipitated the financial crisis? Who correctly predicted it and who should we listen to for wisdom moving forward?

Ron Paul vs. Paul Krugman is an examination of the root cause of the crisis as seen through the eyes of two prominent commentators on the subject, each representing a different school of economic thought. Congressman and presidential candidate Ron Paul is today perhaps the most visible proponent of the Austrian school, whose luminaries include Ludwig von Mises and Nobel Prize-winning economist Friedrich A. Hayek. Nobel Prize-winning economist and New York Times columnist Paul Krugman is today perhaps the most well-known voice for the Keynesian school, whose adherents espouse the theories of British economist John Maynard Keynes.

A comparative analysis of these two schools of economic thought as applied to the financial crisis and as promulgated through the views of Ron Paul and Paul Krugman is instructive. Whose school offered more explanatory and predictive power? Whose diagnosis and prescriptions have been better suited to deal with the problem? Who should we listen to now?


Publication Date:
2012-04-01
ISBN/EAN13:
1470070723 / 9781470070724
Page Count:
104
Binding Type:
US Trade Paper
Trim Size:
6" x 9"
Language:
English
Color:
Black and White
Related Categories:
Business & Economics / Money & Monetary Policy




Site Help Order Help Policies Contact