The Conscience of a Liberal
by Paul Krugman
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Book Summary Information
Author: Paul KrugmanEdition: Hardcover
Published: 2007-10-01
ISBN: 0393060691
Number of pages: 352
Publisher: W. W. Norton
Book Reviews of The Conscience of a Liberal
Book Review: A decent history of the New Deal in practice
Summary: 3 Stars
Economist Paul Krugman offers an 8 chapter history of the New Deal with the remaining chapters amounting to a "to do" list for a coming progressive majority in Congress and the White House.
I certainly enjoyed his stories of growing up with the relative income equality of the 50s and 60s. Interestingly, the New Deal was a product of global economic recession, and - with no global economic shock appearing on the horizon - I'm not sure that his dream of a liberal renaissance can be realized.
Krugman prefers to isolate racism and not religious conservatism as the reason for America's reluctance to go as far as other advanced countries in its adoption of a social safety net. To some extent, the next few national elections will either substantiate or refute this premise.
Krugman also tends to demonize those he calls "Movement Conservatives" a bit. But, if you enjoy politics and economics, I think you will enjoy this book.
Summary of The Conscience of a Liberal
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.
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