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The Great Recession is more than four years old-and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge-all the ingredients for prosperity and a decent standard of living for all-remain in a state of intense pain." How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years-a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
Table of Contents
|Introduction: What Do We Do Now?||p. ix|
|How Bad Things Are||p. 3|
|Depression Economics||p. 21|
|The Minsky Moment||p. 41|
|Bankers Gone Wild||p. 54|
|The Second Gilded Age||p. 71|
|Dark Age Economics||p. 91|
|Anatomy of an Inadequate Response||p. 109|
|But What about the Deficit?||p. 130|
|Inflation: The Phantom Menace||p. 150|
|What It Will Take||p. 208|
|End This Depression!||p. 223|
|Postscript: What Do We Really Know about the Effects of Government Spending?||p. 231|
|Table of Contents provided by Ingram. All Rights Reserved.|