Assailed by conservative critics in Congress, academia, and television talk shows, liberal economics may be in a fight for its political life. Conrad Waligorski contends, however, that rumors of its death are premature and far from desirable. His close analysis of the political theories of John Maynard Keynes, John Kenneth Galbraith, Lester Thurow, and Robert Reich reveals why liberal economics remains a vigorous force in the debates over our nation's future.

Waligorski argues that, despite individual differences, these economists are bound together by a common vision of the public good....