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''End This Depression Now!'' is a non-fiction book by Paul Krugman, an American economist and Nobel laureate. He also writes a twice-weekly op-ed column for ''The New York Times'' and a blog named for his 2007 book ''The Conscience of a Liberal'' as well as teaches economics at Princeton University. The book is intended for a general audience and was published by W. W. Norton & Company in April 2012. Krugman has presented his book at the London School of Economics, on fora.tv, and elsewhere. Previous books include ''The Accidental Theorist'', ''The Conscience of a Liberal'', ''Fuzzy Math'', ''The Great Unraveling'', ''Peddling Prosperity'', and two editions of ''The Return of Depression Economics'' (both editions being national bestsellers). ==Premises of the book== Krugman states explicitly in the early sections of the book, The author views the book as delivering a call for stimulative expansionary policy and an end to austerity. It points out that existing historical economic data demonstrate: fiscal cuts and austerity measures just deprive the economy of precious funds that can circulate and add to a poor economy. If there is large unemployment, there can not be sufficient consumption. Under poor consumption people are unable to spend and markets cannot thrive. Krugman disputes that although it is necessary to cut debt, it is the worst moment to do so at the time when an economy has just suffered severe financial shocks. It must be done when an economy is full-employed and the private sector can endure the burden of decreased government spending and austerity. Failure to stimulate the economy by public or private sectors will just unnecessarily lengthen the current economic depression and make it worse. Krugman writes about the anti-recession efforts from the Obama White House that he "personally was more or less tearing my hair out in public as the shape of the administration's plan began to come clear." He describes having "feared that an inadequate stimulus would both fail to produce adequate recovery and undermine the political case for further action", with the enacted Recovery and Reinvestment Act being far too small to respond to the depth of the economic crisis in his view.〔 He cites the growth of government spending and economic regulations as the U.S. began in its involvement in World War II as key evidence for his argument. He writes, "As military spending created jobs and family incomes rose, consumer spending also picked up (it would eventually be restrained by rationing, but that came later). As businesses saw their sales growing, they also responded by ramping up spending. And just like that, the Depression was over."〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「End This Depression Now!」の詳細全文を読む スポンサード リンク
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