Conscience of a Liberal

Front Cover
W. W. Norton & Company, Oct 30, 2007 - Business & Economics - 296 pages
This wholly original new work by the best-selling author of The Great Unraveling challenges America to reclaim the values that made it great.

With this major new volume, Paul Krugman, today's most widely read economist, studies the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a work that weaves together a nuanced account of three generations of history with sharp political, social, and economic analysis. This book, written with Krugman's trademark ability to explain complex issues simply, will transform the debate about American social policy in much the same way as did John Kenneth Galbraith's deeply influential book, The Affluent Society.
 

Contents

THE WAY WE WERE
3
THE LONG GILDED AGE
15
THE GREAT COMPRESSION
37
THE POLITICS OF THE WELFARE STATE
57
A TROUBLED PROSPERITY
79
MOVEMENT CONSERVATISM
101
THE GREAT DIVERGENCE
124
101
137
THE POLITICS OF INEQUALITY
153
WEAPONS OF MASS DISTRACTION
173
THE NEW POLITICS OF EQUALITY
198
CONFRONTING INEQUALITY
244
THE CONSCIENCE OF A LIBERAL
265
ACKNOWLEDGMENTS
285

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About the author (2007)

Paul Krugman was born on February 28, 1953. He received a B.S. in economics from Yale University in 1974 and a Ph.D from MIT in 1977. From 1982 to 1983, he worked at the Reagan White House as a member of the Council of Economic Advisers. He taught at numerous universities including Yale University, MIT, UC Berkeley, the London School of Economics, and Stanford University before becoming a professor of economics and international affairs at Princeton University in 2000. He has written over 200 scholarly papers and 20 books including Peddling Prosperity; International Economics: Theory and Policy; The Great Unraveling; and The Conscience of a Liberal. Since 2000, he has written a twice-weekly column for The New York Times. He received the 1991 John Bates Clark Medal and the 2008 Nobel Memorial Prize in Economic Sciences. His title End This Depression Now! made The New York Times Best Seller List for 2012.