Read Paul krugman for simple economics

20 Dec

krugmanListen, don’t read Paul Krugman because he won the this year’s Nobel for Economics. For  a commoner  like you and me , whatever he wrote and published on trade theory based on Keynesian concepts will go way out of head.So don’t read him because he won the Nobel prize.

But if you still show bravado then I suggest you read Adam Smith’s “Wealth of nations”, Karl Marx “Das Capital” and John Keynes ” General Theory of Employment, Interest and Money” . By the time you finish any one of these books. At least one! You will hate economics from the depth of your heart. Economics is not for faint heart-ed or for the non-receptive sapiens.

Read because he writes some really good economic stuff in very simple words which is  easy to understand and contemplate on.

He is very much against the policies of Bush Government . And rightly so. But when you read his articles you would definitely  understand the policies followed by the US Govt and in fact discuss and debate about it with your friends and peer group and claim you say in it ..wont that be simply great ?

He regularly write for New York Times and they get are published in The Hindu news paper.

You can read his articles here –  Paul Krugman Coloumn

He is a question for you –

We all know what the Madoff crisis is all about. But have you noticed the word “ponzai”  in the articles on the issue? Have you ever wondered what “ponzai” means ?

Food for thought, no ?

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One Response to “Read Paul krugman for simple economics”

  1. hpx83 January 8, 2009 at 8:17 pm #

    Interesting, isn’t it, how Paul Krugman and his “stimul-o-nomics” is actually resembling a Ponzi Scheme in itself – Let the government spend money now, and leave the bill to future investors (tax-payers). To solve this in the future, we will spend even more money and push the bill even further in the future (this has been going on for quite a while now ….) As long as the taxpayers pay more than the interest rate on the budget deficit then the US is good!

    //hpx Save Capitalism

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