The Age of Diminished Expectations, Third Edition: U.S. Economic Policy in the 1990s
In this third edition, Nobel laureate Paul R. Krugman dissects U.S. economic policy in the 1990s, addressing diminished expectations for rapid growth. He analyzes fiscal challenges, international trade, and monetary tools, offering critical insights into the era's policy landscape and its lasting effects on the American economy.
About This Book
The Age of Diminished Expectations, Third Edition, examines U.S. economic policy during the 1990s, a period marked by shifting expectations for economic performance.
Paul R. Krugman provides an expert analysis of key policy issues, including fiscal deficits, trade dynamics, and monetary strategies that shaped the decade.
This updated edition reflects on the broader implications of these policies for economic stability and growth in the United States.
Krugman's work highlights the complexities of managing an economy in an era of moderated optimism and structural changes.
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