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Peddling Prosperity Economic Sense and Nonsense in an Age of Diminished
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Peddling Prosperity Economic Sense and Nonsense in an Age of Diminished Expectations Paperback - 1995

by Krugman, Paul

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The past twenty years have been an era of economic disappointment in the U.S. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power--they've been hijacked by policy entrepreneurs who offer easy answers to hard problems.

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First line

In 1981 Senator Daniel Patrick Moynihan uttered a startling pronouncement: "The Republicans," he declared, "are now the party of ideas."

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