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 -- Eurodämmerung -- Austerians -- What it will take -- End this depression! -- Postscript -- What do we really know about the effects of government spending? -- Acknowledgments -- Index.
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.
