Paul Krugman

Slowing or reversing our drift toward a society ruled by oligarchic dynasties is a feature, not a bug.

We rarely hear politicians who demand “entitlement reform” dismissed as too right-wing to be taken seriously.

Political scientists studying the behavior of billionaires find that while many of them push for lower taxes, they do so more or less in secret, presumably because they realize just how unpopular their position really is. This “stealth politics” is, by the way, one reason billionaires can seem much more liberal than they actually are — only the handful of liberals among them speak out in public.

The bottom line is that there may be far more scope for a bold progressive agenda than is dreamed of in most political punditry. And Elizabeth Warren has just taken an important step on that agenda, pushing her party to go big. Let’s hope her rivals — some of whom are also quite impressive — follow her lead.

Paul Krugman has been an Opinion columnist since 2000 and is also a Distinguished Professor at the City University of New York Graduate Center. He won the 2008 Nobel Memorial Prize in Economic Sciences for his work on international trade and economic geography. @PaulKrugman

https://www.nytimes.com/2019/01/28/opinion/elizabeth-warren-tax-plan.html