Sunday, August 23, 2009

Book Thoughts: "The Conscience of a Liberal" by Paul Krugman

Really enjoyed Krugman's book. Of course, he was preaching to the choir with me too I guess. Anyway, Krugman, a Nobel Prize winning economist, takes us on en economic tour of America from Post-Reconstruction until today's times. He offers explanations of our high and low points. Now I don't know a ton about economics, but it made sense to me, even though some of his conclusions ran a little counter to what I always learned in some of my history classes.

Finally. Krugman calls for a "new New Deal," echoing FDR's successful campaigns to establish a social safety net in the 1930's, particularly Social Security. Krugmans New Deal would have true National Health Care as it's centerpiece, he argues that it can be done and become an accepted American institution, just like Social Security and Medicare.

A very timely book to read right now and I agree with him pretty much all the way.

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