During the 1980s and 1990s a small group of economists challenged traditional wisdom about international trade. This book provides an account of this research programme and traces the key steps in a trade theory that offers new arguments against free trade.[...]

"Pop internationalists" -- people who speak impressively about international trade while ignoring basic economics and misusing economic figures are the target of this collection of Paul Krugman's most recent essays. In the clear, readable, entertaining style that brought acclaim for his best-selling[...]

Why do certain ideas gain currency in economics while others fall by the wayside? Paul Krugman argues that the unwillingness of mainstream economists to think about what they could not formalize led them to ignore ideas that turn out, in retrospect, to have been very good ones. Krugman examines the [...]

The low-growth years of the past two decades have produced an intense, fascinating debate between economists of rival ideologies. Sadly, they have also produced the policy entrepreneur - the economic snake-oil salesman who offers easy answers to hard problems.[...]

Paul Krugman, winner of the 2008 Nobel Prize in economics, shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, in "The Return of Depression Economics", Paul Krugman surveyed the economic crises that had swept [...]