Draws on hundreds of hours of interviews and in-depth research to relate the complete story of the nation's financial meltdown, from the trading floors of lower Manhattan to the power corridors inside the Beltway.
Provides a simple explanation of the great recession, covering the roles played by Wall Street, the mortgage industry, the U.S. government, and leading financial institutions.
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.