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Paul Krugman: Can Warren escape the Medicare for All trap?

On Sunday, Elizabeth Warren said that she would soon release a plan explaining how she intends to pay for “Medicare for All.” Like many policy wonks, I’ll be waiting with bated breath; this could be a make or break moment for her campaign, and possibly for the 2020 election.

There are three things you need to know about Medicare for All, which in the current debate has come to mean a pure single-payer health insurance system, in which the government provides all coverage, with no role for private insurers.

First, single-payer has a lot to recommend it as a way to achieve universal health care.