Ever since the financial crash of 2008, the subject of global economics has been at the tip of everyone’s tongues. A period of remarkable economic growth came to an abrupt end, and to this day most of us are feeling the effects of it. Now when it comes to understanding the strange and often contradictory world of economics, there are definitely worse people to look to than Paul Krugman. Professor of Economics at Princeton University, New York Times columnist and Nobel Prize winner aside, Krugman was voted 6th in a poll of the world’s 100 top intellectuals by Prospect.
The Conscience of a Liberal (also the name of Krugman’s blog) traces the path of inequality in the United States from the late 19th century to the present day, and how – after a period of relative economic equality in the 60’s – income distribution in the United…
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