A book I recommend, by the way. Even though Krugman is a bit more enamoured with the Clinton years than I am and even though he has an IMO somewhat naïve expectation that politics is a game of honest, gentlemanly debate over the topics of interest to the state of the nation...
I recently re-read it, and started putting little red stickers on every passage that seemed more interesting than when it was written, in light of the subprime meltdown: Offhand mention that there might be a housing bubble forming (there's even an explicit - and more or less approving(!) - reference to Greenspan trying to make one "to replace" the dotcom bubble!) and that sort of things. I ran out of little red stickers before I finished the book...
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
