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End This Depression Now!
- Narrated by: Rob Shapiro, Paul Krugman
- Length: 8 hrs and 4 mins
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Publisher's summary
The Great Recession that began in 2007 is now more than four years old - and counting. Some 24 million Americans are unemployed or underemployed, and at recent rates of job creation we won’t be back to normal levels of employment until late this decade. This is a tragedy. Do we have to accept it?
"No!" is the resounding answer given by Nobel Prize-winning economist Paul Krugman in this call to arms. We have seen this situation before and we know how to fix it; all we lack is the political will to take action. Krugman walks us through the financial crisis that triggered the greatest downturn since the Great Depression and outlines the efforts that have been made thus far.
The way forward is clear: Our priority must be to get ourselves back on the path to growth; every day that we lag behind normal production levels only adds to the astronomical economic loss of this depression. What we need for a rapid, powerful recovery is precisely what we've needed in crises past - a burst of government spending to jump-start the economy. We owe it not only to the unemployed, but to everyone affected by this tragedy to end this depression now.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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Critic reviews
“An important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again.” (Kirkus Reviews)
“An important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again.” (Kirkus Reviews, starred review)
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- Length: 14 hrs and 3 mins
- Unabridged
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
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The Shifts and the Shocks
- What We've Learned - and Have Still to Learn - from the Financial Crisis
- By: Martin Wolf
- Narrated by: Sean Pratt
- Length: 14 hrs and 53 mins
- Unabridged
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The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. The audiobook identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system.
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Good on Europe's problems, fair global update
- By Philo on 01-08-15
By: Martin Wolf
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
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Globalization and Its Discontents
- By: Joseph E. Stiglitz
- Narrated by: Derek Perkins
- Length: 10 hrs and 33 mins
- Unabridged
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
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13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- By: Simon Johnson, James Kwak
- Narrated by: Erik Synnestvedt
- Length: 8 hrs and 59 mins
- Unabridged
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Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
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Easy to Understand and Comprehend
- By Kyle on 04-11-10
By: Simon Johnson, and others
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Shaky Ground
- The Strange Saga of the US Mortgage Giants
- By: Bethany McLean
- Narrated by: Gabra Zackman
- Length: 3 hrs and 33 mins
- Unabridged
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In 2008 the US Treasury put Fannie Mae and Freddie Mac into a life-support state known as "conservatorship" to prevent their failure - and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again.
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Details on the Culture and History of the GSEs
- By Jose on 10-15-15
By: Bethany McLean
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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The Ascent of Money
- A Financial History of the World
- By: Niall Ferguson
- Narrated by: Simon Prebble
- Length: 11 hrs and 27 mins
- Unabridged
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Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. Niall Ferguson shows that finance is in fact the foundation of human progress.
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A mostly successful and interesting history
- By A reader on 02-24-09
By: Niall Ferguson
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Currency Wars
- The Making of the Next Global Crises
- By: James Rickards
- Narrated by: Walter Dixon
- Length: 9 hrs and 52 mins
- Unabridged
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In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics.
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don't be misled
- By peter on 04-01-12
By: James Rickards
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Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
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The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
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Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
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Putinomics
- Money and Power in Resurgent Russia
- By: Chris Miller
- Narrated by: Traber Burns
- Length: 8 hrs and 4 mins
- Unabridged
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In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.
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Go find something better
- By Anonymous User on 08-04-21
By: Chris Miller
What listeners say about End This Depression Now!
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Paul
- 06-15-12
Great listen, why don't we just do it?
Paul Krugman has once again made economics accessible and yet not remotely oversimplified. One wonders why that Nobel laureate can't get more attention for his ideas. After all,he has the evidence of why it works and his detractors have the track record that should shame them.
I give 4 stars for performance because it was not read by Krugman but I have to admit that Shapiro does a great job of channeling Krugman's personality: the little asides; the throwaway lines; the occasional cheekiness.
I hope one day that this book is out of date but for now it is spot on and something everyone should read.
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- jane
- 07-13-12
Finally some clarity
Would you recommend this audiobook to a friend? If so, why?
This a must read. We all need to educate ourselves. There is too much conflicting noise on the airways. Mr Krugman has done an excellent job explaining how we got into this economical mess. And his voice is one of sanity on the road out of the mess. Do yourself a favor and listen.
I agree with him in that we have been lead down this path by greed and ignorance.
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- Ethan L
- 03-05-13
Breaks down complex issues comprehensively.
Would you consider the audio edition of End This Depression Now! to be better than the print version?
I have not seen the print version.
What did you like best about this story?
Prof Krugman clarifies myths one by one. All the vague rhetoric is defanged.
Have you listened to any of Rob Shapiro and Paul Krugman ’s other performances before? How does this one compare?
No.
If you could give End This Depression Now! a new subtitle, what would it be?
Inflation Fears!
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- Amazon Customer
- 12-24-12
Quite academic but worth the read
Well done but fairly dry. A disadvantage to go online to view the charts, but easy enough to do. He has many good points but doesn't give quite enough thought to the gridlock in the Beltway and the difficulty of pushing through all the childishness...maggie
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- Bruce aka (McGoolie)
- 09-10-12
after all the dumb things you can get it right
If you could sum up End This Depression Now! in three words, what would they be?
an enlightened way
What other book might you compare End This Depression Now! to and why?
Charles darwin's Origin of the Species
What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?
The Rob Shipiro input allows you to feel the emotion and desperation emphasis which the book alone can't deliver
Did you have an extreme reaction to this book? Did it make you laugh or cry?
It made me rethink current populist economic dogma just like Origin of the Species on how man was created and to free myself from a self serving economic religion.
Any additional comments?
You must read this to understand the fundamental wrong headed ness of current ecomomic dogma
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- William E. Beusse
- 08-27-12
Puts solutions to jobs problem in focus
What did you love best about End This Depression Now!?
It provides a very logical explanation of what led to the great recession and what can be done to get us out of it. He also details what is wrong-headed about the concentration on deficits and how spending less will actually prolong the problem. Furthermore, he provides EVIDENCE rather than hust an ideological position.
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- Fred H Bowers
- 06-18-12
Great book for a scientist
Would you listen to End This Depression Now! again? Why?
I never appreciated how well a real economist can explain economics in scientific terms. I am so used to hearing it from the POV of "traders" and "talking heads". It gives me hope there is a solution to this "depression". However, don't expect this book to make you feel good. It is rather sobering.
What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?
Due to the immensity of the topic, I tried to read it from the library but it would have taken too long to read. The audio version allowed me to get through it easily.
What’s the most interesting tidbit you’ve picked up from this book?
The nature of liquidity and how important it is. Also, it is sobering to think our legislators are so determined to go the austerity route that has failed in every instance.
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2 people found this helpful
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- James
- 08-03-13
Interesting, but misguided
Would you try another book from Paul Krugman and/or Rob Shapiro and Paul Krugman ?
I won't. Very liberal thinker. Nothing wrong with that, but doesn't seem open to new ideas. Overly self-confident.
Would you recommend End This Depression Now! to your friends? Why or why not?
Krugman starts off making the argument that the current "depression" is a function of lack of demand. OK, maybe. But he never comes back around to defend that. Instead, he spends about half the book attempting to debunk austerity and the other half making the case for growth (fueled primarily by govt spending) to get us out of the depression. That's interesting because he never comes back to the demand problem. The US's, and much of the developed world's, problem of demand is largely rooted in demographics, a subject he almost totally ignores. I don't disagree that growth could drive the economy. But perpetual growth would require perpetual increases in demand and that simply isn't possible with our demographics. Krugman's no doubt a smart guy. I'm and MBA and I've read a lot of economics; I'm sure Krugman has forgotten more than I'll ever know, but I also read Harry Dent and he makes the case, in a non-partisan manner, that we can't fight demographics and that we should help the economy de-leverage and start again from a position of much less debt vice Krugman's idea of doubling down and taking on more debt.
What didn’t you like about Rob Shapiro and Paul Krugman ’s performance?
Shapiro read's really slow, like he's talking to a child or someone who he believes might not understand a big word. It almost feels patronizing.
Was End This Depression Now! worth the listening time?
It's a different perspective, but not a complete one.
Any additional comments?
Read Harry Dent's the Great Depression Ahead. Its not as ominous as it sounds because he also goes through ways to protect yourself.
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- Scott
- 07-30-12
Hopeful! Sadly, the leaders don't read PK
Would you consider the audio edition of End This Depression Now! to be better than the print version?
The nice thing about the print version is the ability to jump back and forth in the text to re-familiarize yourself with issues pertaining to your current position in the book.
However I wouldn't be able to read the book during my commute or organizing the basement, so I think the audio book wins this one.
What other book might you compare End This Depression Now! to and why?
Heh, previous PK books.
What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?
Shapiro does a nice job. He use of inflection and tone keeps the read entertaining and never sleep-walks through the performance.
Was this a book you wanted to listen to all in one sitting?
Not an option, sadly. But I could have!
Any additional comments?
Krugman is always good.
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- Bob V.
- 05-28-12
Krugman shows the way
What did you love best about End This Depression Now!?
The logical reasoning to understandable conclusions based on reliable economics
What did you like best about this story?
The hope it provides that we can kick start this economy if only we can develop the political will.
Which character – as performed by Rob Shapiro and Paul Krugman – was your favorite?
N/A
Did you have an extreme reaction to this book? Did it make you laugh or cry?
no. There were a few funny parts describing the shenanigans of certain politicians.
Any additional comments?
This will make tea partiers nuts with anger.
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4 people found this helpful