Cafe Hayek alerted me to this article by Brink Lindsey from Reason discussing the reasons for the growing disparity between rich and poor. The writer may be using a strawman in arguing against Paul Krugman: " We have to back up to the 1930s and ’40s—when, he contends, the “norms and institutions” that shaped a more egalitarian society were created."
I'm not a conservative so I resist the argument, but he does remind of the bad side of that society--racism, discrimination, sexism, and nationalism. The "Greatest Generation" it wasn't, IMHO.
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