Preface; Part I. Origins of the Great Recession: 1. Goodbye financial crash, hello stagnation; 2. The tragedy of bad ideas; 3. Overview: three perspectives on the crisis; 4. America's exhausted paradigm: macroeconomic causes of the crisis; 5. The role of finance; 6. Myths and fallacies about the crisis: stories about the domestic economy; 7. Myths and fallacies about the crisis: stories about the international economy; Part II. Avoiding a Great Stagnation: 8. The coming Great Stagnation; 9. Avoiding a Great Stagnation: rethinking the paradigm; 10. The challenge of corporate globalization; 11. Economists and the crisis: bad ideas revisited; 12. Markets and the common good: time for a great rebalancing.