What Malta Tells Us About Oligarchy – Paul Krugman

In his latest Substack essay, renowned economist Paul Krugman turns his attention to Malta, using the island nation as a lens to explore the dynamics and dangers of oligarchy in contemporary politics. As concerns about concentrated wealth and political influence grow worldwide, Krugman’s analysis of Malta’s unique political landscape offers revealing insights into how oligarchic forces can shape governance, undermine democracy, and impact everyday citizens. This article delves into…