The Conscience of a Liberal

W. W. Norton & Company
3
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"The most consistent and courageous—and unapologetic—liberal partisan in American journalism." —Michael Tomasky, New York Review of Books

In this "clear, provocative" (Boston Globe) New York Times bestseller, Paul Krugman, today's most widely read economist, examines the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age and the 1920s 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 "stimulating manifesto" offering "a compelling historical defense of liberalism and a clarion call for Americans to retake control of their economic destiny" (Publishers Weekly).

"As Democrats seek a rationale not merely for returning to power, but for fundamentally changing—or changing back—the relationship between America's government and its citizens, Mr. Krugman's arguments will prove vital in the months and years ahead." —Peter Beinart, New York Times

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About the author

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He is a best-selling author, columnist, and blogger for the New York Times, and is a professor of economics and international affairs at Princeton University.

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Additional Information

Publisher
W. W. Norton & Company
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Published on
Jan 12, 2009
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Pages
352
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ISBN
9780393067118
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Features
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Language
English
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Genres
Political Science / Public Policy / Social Policy
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Content Protection
This content is DRM protected.
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Available on Android devices
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As middle-class incomes stagnate in advanced economies while the rich experience record income gains, the eleventh semi-annual Munk Debate pits wealth redistribution supporters Paul Krugman and George Papandreou against Newt Gingrich and Arthur Laffer to debate taxation — should the rich pay more?


For some the answer is obvious: redistribute the wealth of the top income earners who have enjoyed, for almost a generation, the lion’s share of all income gains. Imposing higher taxes on the wealthy is the best way for countries such as Canada to reinvest in their social safety nets, education, and infrastructure while protecting the middle class. Others argue that anemic economic growth, not income inequality, is the real problem facing advanced countries. In a globalized economy, raising taxes on society’s wealth creators leads to capital flight, falling government revenues, and less money for the poor. These same voices contend that lowering taxes on everyone stimulates innovation and investment, fuelling future prosperity.

In this edition of the Munk Debates — Canada’s premier international debate series — Nobel Prize–winning economist Paul Krugman and former Prime Minster of Greece George Papandreou square off against former Speaker of the U.S. House of Representatives Newt Gingrich and famed economist Arthur Laffer to debate if the rich should bear the brunt of higher taxes.

For the first time ever, this stimulating debate, which will take place in front of a sold-out audience, will be available in print. With advanced countries facing overextended social services, crumbling infrastructure, and sluggish economic growth, the Munk Debate on economic inequality tackles the essential public policy issue: Should we tax the rich more?

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