The Conscience of a Liberal

The book studies the past eighty years of American history, focusing on the reduction and subsequent increase in economic and political inequality.

Krugman argues that government policies, particularly the establishment and dismantling of the social safety net, have played a significant role in these changes.

He critiques the conservative movement, especially its use of racial and cultural resentments, and proposes a 'new New Deal' that emphasizes social and medical programs, including universal health care.

The book also discusses the role of institutions and norms in economic inequality and expresses optimism about a potential shift towards a more liberal political environment.