Shift in Public Sentiment Over the Past 25 Years

SOURCE www.nytimes.com
Paul Krugman reflects on the shift from optimism to anger and resentment in America and the Western world over the past 25 years, highlighting a collapse of trust in elites as a key factor.

Key Points

  • Optimism in the late 1990s replaced by anger and resentment
  • Collapse of trust in elites as a significant factor
  • Reflection on the impact of the 2000 election and introduction of the euro

Pros

  • Insightful analysis of the changing public sentiment
  • Historical context provided for the shift in optimism
  • Raises important questions about trust in elites