Krugman addresses the claim that Bernie Sanders, who until recently had been railing against “millionaires and billionaires,” is a hypocrite since he’s now a millionaire himself. Krugman proceeds to explain that among the super rich, most are right-wing and evil.

Krugman Column

Bernie Sanders and the Myth of the 1 Percent (April 18, 2019)

Related Links

“Are CEOs Paid Too Much?” by Robert P. Murphy

“Bernie Sanders is a millionaire,” by Jessica M. Goldstein

“Socialist Bernie Sanders Is Part of the Top 1 Percent, Tax Returns Confirm,” by Bowen Xiao

Book Mentioned

Big Business: A Love Letter to an American Anti-Hero by Tyler Cowen

Big business has become a villain not just to the progressive left but also to the populist right and even to many libertarians, who think they see cronyism everywhere. Lost amid this climate of condemnation is a sober assessment of the true record of big business in improving our lives. Tyler Cowen gives us precisely that assessment: he is frank about the moral faults of big business, but he overwhelms us with arguments in its favor that most people have never heard.

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