Summary
Krugman pursues the questions of how bad the "Great Recession" really is, how we got stuck in what can now be called a depression and, above all, how we can free ourselves. Full description
- Introduction: what do we do now?
- How bad things are
- Depression economics
- The Minsky moment
- Bankers gone wild
- The second gilded age
- Dark age economics
- Anatomy of an inadequate response
- But what about the deficit?
- Inflation : the phantom menace
- Eurodommerung
- Austerians
- What it will take
- End this depression!
- Postscript
- What do we really know about the effects of government spending?
- Acknowledgments
- Index.