The Age of Diminished Expectations: U.S. Economic Policy in the 1990’s.

First Edition of Age Of Diminished Expectations: Signed By Nobel Prize-winning Economists Paul Krugman and Paul Samuelson

The Age of Diminished Expectations: U.S. Economic Policy in the 1990’s.

KRUGMAN, Paul; Paul A. Samuelson.

Item Number: 2228

Cambridge, MA: MIT Press, 1990.

First edition. Octavo, original blue cloth. Fine in a near fine dust jacket with only light wear to the crown of the spine. Signed by both Paul Krugman and Paul A. Samuelson, who contributed the foreword to this volume. An attractive MIT bookplate to the front pastedown from the MIT Sustaining Fellows Program. Uncommon signed by both of these Nobel Prize winning-economists.

In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. According to the prize Committee, the prize was given for Krugman's work explaining the patterns of international trade and the geographic concentration of wealth, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. The Age of Diminished Expectations is a remarkable achievement, a quick read that tells you much of what there is to know about the great economic issues of the day" (Peter Passell , New York Times Book Review).

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