Mises Daily
Author:
Christopher Coyne
Online Publish Date:
In a recent article, Paul Krugman pines for the lost America of the 1950s and 1960s, which he characterizes as a “middle class society”. While inequality existed, Krugman tells us, it was not nearly as bad as the Gilded Age where robber barons ran roughshod over the less fortunate. It is Krugman’s contention that the United States has returned