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The Great Unraveling Hardcover – Sep 1 2003

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Product Details

  • Hardcover: 320 pages
  • Publisher: WW Norton; 1 edition (Sept. 1 2003)
  • Language: English
  • ISBN-10: 0393058506
  • ISBN-13: 978-0393058505
  • Product Dimensions: 3.6 x 16.2 x 24 cm
  • Shipping Weight: 862 g
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (180 customer reviews)
  • Amazon Bestsellers Rank: #1,050,293 in Books (See Top 100 in Books)

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I like the theory of efficient financial markets as much as any-one. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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5 of 5 people found the following review helpful By C. Colt on Nov. 12 2003
Format: Hardcover
In this intelligent and extremely accessible book, prize-winning economist and New York Times business columnist, Paul Krugman accomplishes two important things. First, Krugman provides what is probably the most important and accurate assessment of the Bush Regime in public discourse to date. Second, Krugman uses a combination of basic arithmetic and reading comprehension with a modest amount of economic theory to examine how the economic policies of the Bush Regime impact the majority of Americans. Although Krugman is hardly an ideologue, his findings produce dismal and frankly frightening conclusions about the Bush Regime. Krugman argues that Bush and his crony capitalist power base are out for themselves no matter how destructive an impact their policies have on American lives and on the very foundation of the nation itself.
Drawing on the early writings of Henry Kissinger, Krugman characterizes the Bush Regime as a revolutionary power whose leaders refuse to accept the legitimacy of the current American political system and who are taking radical steps to change it. Seen in this context, the inexplicable fiscal and economic disasters of the Bush Regime begin to make sense. The Bush Regime does not really believe that it can provide social services to the majority of Americans along with a massive tax giveaway to the rich, but it publicly makes this claim knowing that the press and the majority of Americans will never examine whether or not it is possible. According to Krugman, we have inherited a political climate in which leadership is judged exclusively by the appeal of its appearance and speech acts, and never by the ramifications of its policies.
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2 of 2 people found the following review helpful By Bob McDonald on Oct. 5 2003
Format: Hardcover
This is a brilliant, insightful and very easy to read book - which is saying something, on all three counts, for a book by an economist and professor. He even has a good sense of humor.
The short Introduction bowled me over. It's one of those things that you want to make mandatory reading for every presidential candidate, media employee and business person - or any acquaintance who starts talking about the economy or politics. It's astoundingly good.
Living outside the political and media centers of Washington and New York has apparently helped Krugman maintain a clear head and rational perspective. The columns reprinted in the book display a clarity of thought and logic that one wishes everyone messing with or commenting on money possessed.
Pulitzer, Nobel, Fed Chairman or the highest elected office - after reading this book Krugman's got my vote.
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By A Customer on July 9 2004
Format: Hardcover
Krugman has been a beacon of truth in some very dark days in American politics. Because he is an economist rather than a journalist, Krugman can expose the Bush administration's deceptions by doing the math and checking the sources. It's a rare talent these days, when most news reporting consists of little more than printing a quote from side A and an opposing quote from side B ("balance" accomplished!), with no regard for the objective truth of these claims.
While the book is essentially a collection of Krugman's New York Times columns, I found it very valuable for seeing how various stories unfolded, from the growing awareness that California's energy crisis was in fact engineered by Enron traders "gaming" the system to the deceitful manner in which the Bush adminstration lured the country into the misguided and tragic war in Iraq.
But more than anything, this book is not to be missed because of Krugman's excellent introduction, in which he explains how the Bush administration constitutes (in Henry Kissinger's term) a "revolutionary power" that will brook no compromise and will do anything (issue bogus terror alerts, out CIA agents, knowingly lie to the American public, etc.) to maintain and extend its power and ram its extremist agenda down our throats.
The Great Unraveling is a much-needed wakeup call for the American public and an urgent and timely warning of the dangers the Bush administration poses to our cherished democracy.
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Format: Hardcover
A member of my extended family recommended this book as "the" book that would "convert" me from my moderate stance. He said he was just sure I would read it and begin to "hate Bush" as much as he does. He was just sure I would "see the light."
So I read it, with an open mind, yet skeptical that one book could sway me.
It is trash. And, as it turns out, I had already read the entire book in its many pieces.
First off, it is shallow. Because it is essentially just a collection of old op-eds, there is no depth, no real substance. If you want the gist of this book, just go to the NYT archive and pull up a few of his op-eds.
Which brings me to my second point, that it is repetitive. The op-eds are hollow and short, yet some of them cover almost the same ideas. If you've read one on a particular subject, you've read them all. My advice for Mr. Krugman: either elaborate or go to a new subject, por favor. Thanks.
Third, Krugman contradicts himself over and over. For example, his paranoid belief that President Bush wants to de-fund the government and take away the social safety net secured by FDR doesn't jive with his bemoaning of the deficits (and blaming them solely on Bush, nothing else) we now face.
Fourth, the guy just seems angry. I guess some Americans share his anger, and if you are angry and pessimistic about life and our country, this is the book for you, but he just is such a vindictive and bitter writer that it is hard to take him seriously.
Fifth, along those same lines, his hyperbole makes him not very credible. He seems to believe the worst about the direction of the country and the leadership of the Bush administration, no matter what he is talking about. Even good news becomes bad news to Paul Krugman.
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