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Krugman: Conscience of a Liberal
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10-31-2007 11:38 AM
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economics
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politics
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policy
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2e0ceaf3-035b-4f22-86a3-edb45cffd598/5A54EEF0-1A52-4612-A770-0FCFD03A7C39/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.slate.com/id/2176935/pagenum/2" href="http://www.slate.com/id/2176935/pagenum/2" style="font-size: 11px;">www.slate.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.slate.com/id/2176935/pagenum/2">finds that the economic inequality of the late 19<SUP>th</SUP> century's Gilded Age—the robber barons' heyday—held fast until Franklin Roosevelt's New Deal, only to return after Ronald Reagan became president in 1980. That might seem intuitively true to political activists, but the standard wonk view (heretofore embraced by me) is that government can affect economic behavior only at the margins. Krugman, though, cites strong academic evidence to argue that the right's political ascendancy hasn't <EM>reinforced</EM> inequality in the United States so much as it's <EM>created</EM> it. Rather than offer the usual laundry list of policy solutions typically found in whither-liberalism treatises, Krugman offers one: national health care. His discussion of health-care reform, essentially an expanded and updated version of a superb <A target="_blank" href="http://www.nybooks.com/articles/18802">essay</A> that Krugman and his wife, Robin Wells, published last year in the <EM>New York Review of Books</EM>, makes the most concise and persuasive case for a single-payer solution that I've ever seen</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5A54EEF0-1A52-4612-A770-0FCFD03A7C39/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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