End This Depression Now

by Krugman, Paul

• ISBN13: 9780393088779
• ISBN10: 0393088774
• Edition: 00
• Format: Hardcover
• Copyright: 2012-04-30
• Publisher: W. W. Norton & Company

Summary

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
Eurodämmerung	p. 166
Austerians	p. 188
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
Acknowledgments	p. 239
Index	p. 241
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