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Over the past decade a small group of economists has challenged traditional wisdom about international trade. Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade.

Krugman's introduction is a valuable guide to research that has delved anew into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal...

In this "clear, provocative" (Boston Globe) New York Times bestseller, Paul Krugman, today's most widely read economist, examines the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age and the 1920s to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a "stimulating manifesto" offering "a...

Mit ihrem erzählerischen Ansatz, der klaren Sprache und aktuellen Beispielen gelingt den Autor:innen eine spannende und äußerst praxisorientierte Einführung in die Volkswirtschaftslehre.

• Eine einleitende Geschichte zu Beginn jedes Kapitels erleichtert den Zugang zum jeweiligen Thema und hilft, die Inhalte besser im Gedächtnis zu verankern.
• Alle vorgestellten Konzepte und Theorien werden durch einprägsame Beispiele aus dem Wirtschaftsalltag veranschaulicht.
• In jedem Kapitel sichern vorformulierte...

Currencies and Crises brings together Paul Krugman's work on international monetary economics from the late 1970s to the present, in an effort to make sense of a turbulent period that, in Krugman's words, "involved one surprise after another, most of them unpleasant." The eleven essays cover such key areas as the role of exchange rates in balance-of-payments adjustment policy, the role of speculation in the functioning of exchange-rate regimes, third world debt, and the construction of an international monetary system.