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| arthur laffer supply side economics: The Emergence of Arthur Laffer Brian Domitrovic, 2021-03-08 This book explores the origins of Arthur Laffer’s economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer’s life is traced from his early education through to his time working for the Nixon and Reagan administrations. Laffer’s influence on Reaganomics is discussed alongside the development of supply-side economics, the shift towards neoliberal policies, and the Laffer curve. This book aims to contextualise the work of Laffer within archival research and wider economic trends. It will be relevant researchers and policy makers interested in the history of economic thought and the political economy. |
| arthur laffer supply side economics: Foundations of Supply-Side Economics Victor A. Canto, Douglas H. Joines, Arthur B. Laffer, 2014-05-10 Foundations of Supply-Side Economics: Theory and Evidence is composed of a series of papers containing both theoretical and empirical analyses of a set of issues in government fiscal policy. The type of analysis employed in the book is standard neoclassical economics, and this analysis is used to study the macroeconomic incentive effects of taxation. The book contains contributions that cover the analysis of the effects of taxes imposed purely for generating revenues; the process of capital formation; and an attempt to integrate supply-side analysis into a traditional macroeconomic framework. Reports on the empirical evidence on taxation and economic activity and the estimation of a small macroeconomic model of the United States for the postwar period; description of a method of calculating effective marginal tax rates on factor incomes using available U.S. data; and the estimation of the effect of fiscal policy on private investment in plant and equipment are presented as well. Economists will find the book highly insightful. |
| arthur laffer supply side economics: Return to Prosperity Arthur B. Laffer, Stephen Moore, 2010-02-09 WE CAN'T TAX AND SPEND OUR WAY BACK TO THE GOOD TIMES. -- Arthur B. Laffer and Stephen Moore When Arthur B. Laffer spearheaded the theory of supply-side economics and became a member of President Reagan's Economic Policy Advisory Board, he took his place as an economic icon. More recently, he joined with Stephen Moore and Peter J. Tanous to write The End of Prosperity -- a clarion call delineating what is wrong with current political approaches to America's present economic challenges. Steve Forbes himself described The End of Prosperity as brilliantly insightful, saying READ IT -- AND ACT! Now Arthur Laffer and Stephen Moore follow the rousing success of The End of Prosperity with a book even more vital to America and Americans, delivering a plan that shows how our country can regain its lost prosperity. With the economy flat on its back, unemployment at a twenty-five-year high, and the housing default crisis still worsening, is this even possible? But America can once again become the land of economic opportunity, and this brilliant new book tells us exactly how. While President George W. Bush and President Barack Obama may hail from different parties, their response to the crisis has been strikingly similar. The Bush-Obama plan is a failure that has produced nothing except a cascade of trillions of dollars of debt. Is the situation hopeless? No, say Arthur Laffer and Stephen Moore resoundingly, the situation is not hopeless. A return to prosperity is still entirely possible...if the correct strategies are followed. In The End of Prosperity, the authors primarily discussed how lower taxes are essential to economic growth. Now, in Return to Prosperity, they detail the other essential components: putting government at all levels on a low-fat diet; emphasizing debt reduction and retirement; and bringing back the investor class in America, where every American can own a piece of the rock. In a time where most of the proposed solutions are fraught with peril, the argument provides a refreshing counterbalance. The Return to Prosperity is a prescription that gives America the fundamental tools it needs in order to set about recovery. This book is an urgently needed road map to renewed prosperity, and it is vital reading for anyone who worries that the current economy is faltering, with no clear plan articulated for recovery. |
| arthur laffer supply side economics: Trumponomics Stephen Moore, Arthur B. Laffer, 2018-10-30 Conservative economists offer a well-informed defense of Trump’s approach to trade, taxes, employment, infrastructure, and other economic policies. Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn’t adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas—tax cuts, deregulation, more power to the states—with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important populist issues such as immigration reform, pressuring the Europeans to pay for more of their own defense, and keeping America first. Coauthors Stephen Moore and Arthur B. Laffer worked as senior economic advisors to Donald Trump in 2016. They traveled with him, frequently met with his political and economic teams, worked on his speeches, and represented him as surrogates. They are currently members of the Trump Advisory Council and still meet with him regularly. In Trumponomics, they offer an insider’s view on how Trump operates in public and behind closed doors, his priorities and passions, and his greatest attributes and liabilities. |
| arthur laffer supply side economics: The End of Prosperity Arthur B. Laffer, Stephen Moore, Peter Tanous, 2008-10-14 Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial board and investment advisor Peter J. Tanous to send Americans an urgent message: We risk losing the exceptional standard of living that has made us the envy of the rest of the world if the pro-growth policies of the last twenty-five years are reversed by a new president. Since the early 1980s, the United States has experienced a wave of prosperity almost unprecedented in history in terms of wealth creation, new jobs, and improved living standards for all. Under the leadership of Presidents Ronald Reagan and Bill Clinton, Americans changed the incentive structure on taxes, inflation, and regulation, and as a result the economy roared back to life after the anti-growth, high-inflation 1970s. Now the rest of the world is following the American economic growth model of lower tax rates, more economic freedom, and sound money. Paradoxically, one country is moving away from these growth policies and putting its prosperity at risk -- America. On the eve of a critical presidential election, Laffer, Moore, and Tanous provide the factual information every American needs in order to understand exactly how we achieved the prosperity many people have come to take for granted, and explain how the policies of Democrats Barack Obama, Hillary Clinton, and Nancy Pelosi can cause America to lose its status as the world's growth and job creation machine. The End of Prosperity is essential reading for all Americans who value our nation's free enterprise system and high standard of living, and want to know how to protect their own investments in the coming storm. |
| arthur laffer supply side economics: Econoclasts Brian Domitrovic, 2023-10-03 The history we can't afford to forget. At last, the definitive history of supply-side economics—an incredibly timely work that reveals the foundations of America's prosperity when those very foundations are under attack. In the riveting, groundbreaking book Econoclasts, historian Brian Domitrovic tells the remarkable story of the economists, journalists, Washington staffers, and (ultimately) politicians who showed America how to get out of the 1970s stagflation and ushered in an unprecedented quarter-century run of growth and opportunity. Based on the author's years of archival research, Econoclasts is a masterful narrative history in the tradition of Amity Shlaes's The Forgotten Man and John Steele Gordon's An Empire of Wealth. |
| arthur laffer supply side economics: The Pillars of Reaganomics Assistant Professor of History Brian Domitrovic, Ph.D., Brian Domitrovic, 2014-08 Compilation of Essays |
| arthur laffer supply side economics: Free Lunch Thinking Tom Bergin, 2021-01-28 Countries with smaller governments grow faster. Tobacco taxes are the best way to cut smoking. Government regulation discourages entrepreneurship. Award-winning investigative journalist Tom Bergin digs into eight mantras widely accepted by Western governments and, by talking to the people who promote those ideas and the workers, businesspeople and consumers who have felt their impacts, finds they often don't play out as expected. Smart, funny and incisive, Free Lunch Thinking is essential reading for anyone who really wants to know how economies tick - and why they often don't. _______________________________________________________________ 'I couldn't put it down. A thorough and nuanced examination of the evolution of supply side economics . . . I loved it.' Arthur Laffer, creator of the Laffer Curve 'An entertaining and thought-provoking exploration of economic theories that have been both widely accepted and largely wrong . . . I devoured it in a couple of sittings.' Reuters Breakingviews 'An insightful account of the recent history of economic thought. If you are looking for a book which challenges you without being annoying - make it this one.' Institute of Economics Affairs |
| arthur laffer supply side economics: The Economists' Hour Binyamin Appelbaum, 2019-09-03 In this lively and entertaining history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution. Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power. In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization. Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy. Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life. Their fundamental belief? That government should stop trying to manage the economy.Their guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits. But the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations. Timely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market. A Wall Street Journal Business BestsellerWinner of the Porchlight Business Book Award in Narrative & Biography |
| arthur laffer supply side economics: An Inquiry into the Nature and Causes of the Wealth of States Arthur Laffer, Stephen Moore, Rex A. Sinquefield, Travis H. Brown, 2014-03-31 A passionate, detailed, quantified argument for state-level tax reform An Inquiry into the Nature and Causes of the Wealth of States explains why eliminating or lowering tax burdens at the state level leads to economic growth and wealth creation. A passionate argument for tax reform, the book shows that even states with small populations can benefit enormously with the right policies. The authors’ detailed exposition evaluates the impact state and local government policies have on a state’s relative performance and economic growth overall, backed up with economic data and analysis. Facts don’t lie. But they do point clearly to the failure of so-called progressive tax schemes designed more to curry favor with selected constituencies than to create an economic system that leads to individual wealth as the reward for hard work and entrepreneurial risk taking. An Inquiry into the Nature and Causes of the Wealth of States is a detailed and critical look at income taxation across the nation, and drills down into an analysis of the economic growth or malaise that results from tax policy. Arguing eloquently that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth, the authors point out what many inherently know but often fear to say out loud. The book provides detailed quantitative analysis, and discusses the policy variables that can have enormous effects on the financial well-being of states and individual residents, such as: Personal and corporate income tax rates Total tax burden as a percentage of personal income Estate and inheritance taxes Right-to-work laws An Inquiry into the Nature and Causes of the Wealth of States shows everyone how to evaluate state-level fiscal and economic policies to become more competitive. |
| arthur laffer supply side economics: Eureka! Arthur Laffer, 2012 One needn't be an economist to know that California's economy is in crisis. By a number of very important measures, California is failing. Especially considering the state's status as a bellwether for the rest of the nation, Cali-fornia cannot allow this downward spiral to continue unchecked. It must be reversed--and sooner rather than later. Eureka! is a prescriptive book will provide a true economic roadmap for the rehabilitation of California through actionable solutions. Laffer also looks at other states to endorse practical policies that have resulted in strong economic growth. |
| arthur laffer supply side economics: JFK and the Reagan Revolution Lawrence Kudlow, Brian Domitrovic, 2016-09-06 The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America. |
| arthur laffer supply side economics: Rich States, Poor States Arthur B. Laffer, Stephen Moore, Jonathan P. Williams, Utah. Governor (2005-2009 : Huntsman), American Legislative Exchange Council, 2009-03 |
| arthur laffer supply side economics: Supply-Side Follies Robert D. Atkinson, 2006-10-24 Supply-Side Follies is a progressive political and economic challenge to the current George W. Bush policies. It debunks commonly held assumptions of conservative economic policies centered on the obsession that tax cuts led to greater productivity and prosperity. These fundamentally flawed policies are setting the United States up for a major economic downturn in the near future. The 21st century knowledge economy requires a fundamentally different approach to boosting growth than simply cutting taxes on the richest investors. The alternative is not, however, to resurrect old Keynesian, populist economics as too many Democrats hope to do. Rather, as Rob Atkinson makes clear, our long-term national welfare and prosperity depends on new economic strategy that fits the realities of the 21st century global, knowledge-based economy: innovation-based growth economics. |
| arthur laffer supply side economics: The Riches of This Land Jim Tankersley, 2020-08-11 A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the angry white men of Ohio have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity. |
| arthur laffer supply side economics: Lost Prophets Alfred L. Malabre, 1994 This is a reprint of a previously published work. It deals with the modern economists from Keynes to the mid 1990s and how their predictions have often been misguided and detrimental to the American economy. |
| arthur laffer supply side economics: Peddling Prosperity Paul R. Krugman, 1995-04-04 The past twenty years have been an era of economic disappointment in the U.S. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power--they've been hijacked by policy entrepreneurs who offer easy answers to hard problems. |
| arthur laffer supply side economics: Neoliberalism: A Very Short Introduction Manfred B. Steger, Ravi K. Roy, 2010-01-21 Anchored in the principles of the free-market economics, 'neoliberalism' has been associated with such different political leaders as Ronald Reagan, Margaret Thatcher, Bill Clinton, Tony Blair, Augusto Pinochet, and Junichiro Koizumi. In its heyday during the late 1990s, neoliberalism emerged as the world's dominant economic paradigm stretching from the Anglo-American heartlands of capitalism to the former communist bloc all the way to the developing regions of the global South. At the dawn of the new century, however, neoliberalism has been discredited as the global economy, built on its principles, has been shaken to its core by a financial calamity not seen since the dark years of the 1930s. So is neoliberalism doomed or will it regain its former glory? Will reform-minded G-20 leaders embark on a genuine new course or try to claw their way back to the neoliberal glory days of the Roaring Nineties? Is there a viable alternative to neoliberalism? Exploring the origins, core claims, and considerable variations of neoliberalism, this Very Short Introduction offers a concise and accessible introduction to one of the most debated 'isms' of our time. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable. |
| arthur laffer supply side economics: The Seven Fat Years Robert L. Bartley, 1992 Bartley's examination of the economic boom of the 1980s, the so-called seven fat years, challenges critics who have systematically attributed the growth to a simple product of greed and excess. He investigates the characteristics of the boom which, contrary to popular predictions, could produce a sustained global boom. |
| arthur laffer supply side economics: Who's the Fairest of Them All? Stephen Moore, 2012-10-09 President Obama has declared that the standard by which all policies and policy outcomes are judged is fairness. He declared in 2011 that we've sought to ensure that every citizen can count on some basic measure of security. We do this because we recognize that no matter how responsibly we live our lives, any one of us, at any moment, might face hard times, might face bad luck, might face a crippling illness or a layoff. And that, he says, is why we have a social safety net. He says that returning to a standard of fairness where anyone can get ahead through hard work is the issue of our time. And perhaps it is. This book explores what it means for our economic system and our economic results to be fair. Does it mean that everyone has a fair shot? Does it mean that everyone gets the same amount? Does it mean the government can assert the authority to forcibly take from the successful and give to the poor? Is government supposed to be Robin Hood determining who gets what? Or should the market decide that? The surprising answer: nations with free market systems that allow people to get ahead based on their own merit and achievement are the fairest of them all. |
| arthur laffer supply side economics: Should We Tax the Rich More? George Papandreou, Newt Gingrich, Arthur Laffer, Paul Krugman, 2013-11-02 As middle-class incomes stagnate in advanced economies while the rich experience record income gains, the eleventh semi-annual Munk Debate pits wealth redistribution supporters Paul Krugman and George Papandreou against Newt Gingrich and Arthur Laffer to debate taxation — should the rich pay more? For some the answer is obvious: redistribute the wealth of the top income earners who have enjoyed, for almost a generation, the lion’s share of all income gains. Imposing higher taxes on the wealthy is the best way for countries such as Canada to reinvest in their social safety nets, education, and infrastructure while protecting the middle class. Others argue that anemic economic growth, not income inequality, is the real problem facing advanced countries. In a globalized economy, raising taxes on society’s wealth creators leads to capital flight, falling government revenues, and less money for the poor. These same voices contend that lowering taxes on everyone stimulates innovation and investment, fuelling future prosperity. In this edition of the Munk Debates — Canada’s premier international debate series — Nobel Prize–winning economist Paul Krugman and former Prime Minster of Greece George Papandreou square off against former Speaker of the U.S. House of Representatives Newt Gingrich and famed economist Arthur Laffer to debate if the rich should bear the brunt of higher taxes. For the first time ever, this stimulating debate, which will take place in front of a sold-out audience, will be available in print. With advanced countries facing overextended social services, crumbling infrastructure, and sluggish economic growth, the Munk Debate on economic inequality tackles the essential public policy issue: Should we tax the rich more? |
| arthur laffer supply side economics: Narrative Economics Robert J. Shiller, 2020-09-01 From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls narrative economics—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions. |
| arthur laffer supply side economics: Say's Law Thomas Sowell, 2015-03-08 Say's Law—the idea that supply creates its own demand—has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline, the general glut controversy that reached a peak in the 1820s, and the Keynesian Revolution of the 1930s. These controversies not only involved almost every noted economist of the time but had repercussions on basic economic theory, methodology, and sociopolitical theory. This book, the first comprehensive coverage of the subject, will be an indispensable addition to the history of economic thought. It is also relevant to all social sciences concerned with economic prosperity, with the nature of intellectual orthodoxy and insurgency, or with the complex relationships among ideology, concepts, and policies. Originally published in 1972. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. |
| arthur laffer supply side economics: The New American Economy Bruce Bartlett, 2009-10-13 As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives have clung to for decades. In The New American Economy, Bartlett goes back to the economic roots that made Impostor a bestseller and abandons the conservative dogma in favor of a policy strongly based on what's worked in the past. Marshalling compelling history and economics, he explains how economic theories that may be perfectly valid at one moment in time under one set of circumstances tend to lose validity over time because they are misapplied under different circumstances. Bartlett makes a compelling, historically-based case for large tax increases, once anathema to him and his economic allies. In The New American Economy, Bartlett seeks to clarify a compelling and way forward for the American economy. |
| arthur laffer supply side economics: The Way the World Works Jude Wanniski, 1998 |
| arthur laffer supply side economics: The Big Con Jonathan Chait, 2007 A nationally syndicated columnist furnishes an eye-opening exposé that reveals how a small cadre of economic hucksters, obsessed with radical ideas that benefit no one but themselves and their business interests, have seized control of the American political system to dictate the nation's policies and American agenda. |
| arthur laffer supply side economics: The Scandal of Money George Gilder, 2016-03-28 Why do we think governments know how to create money? They don't. George Gilder shows that money is time, and time is real. He is our best guide to our most fundamental economic problem. --Peter Thiel, founder of PayPal and Palantir Technologies Thirty-five years ago, George Gilder wrote Wealth and Poverty, the bible of the Reagan Revolution. With The Scandal of Money he may have written the road map to the next big boom. --Arthur B. Laffer, coauthor of the New York Times bestseller An Inquiry into the Nature and Causes of the Wealth of States Gilder pushes us to think about the government monopoly on money and makes a strong case against it. If you believe in economic freedom, you should read this book. --Senator Jim DeMint, president of The Heritage Foundation As famed economist and New York Times bestselling author George Gilder points out, “despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers but the economy never does.” In his groundbreaking new book, The Scandal of Money, Gilder unveils a radical new explanation for our economic woes. Gilder also exposes the corruption of the Federal Reserve, Washington power-brokers, and Wall Street’s “too-big-to-fail” megabanks, detailing how a small cabal of elites have manipulated currencies and crises to stifle economic growth and crush the middle class. Gilder spares no one in his devastating attack on politicians’ economic policies. He claims that the Democrats will steer us to ruin – but points out that Republicans are also woefully misguided on how to salvage our economic future. With all major polls showing that voters rank the economy as one of the top three “most important problems” facing the nation, Gilder’s myth-busting, paradigm-shifting recipe for economic growth could not come at a more critical time. In The Scandal of Money, the reader will learn: Who is to blame for the economic crippling of America How the new titans of Wall Street value volatility over profitability Why China is winning and we are losing Who the real 1% is and how they are crushing the middle class The hidden dangers of a cashless society What Republicans need to do to win the economic debate—and what the Democrats are doing to make things worse |
| arthur laffer supply side economics: The Money Illusion Scott Sumner, 2023-05-06 The first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish. |
| arthur laffer supply side economics: Tax Incentives and Economic Growth Barry P. Bosworth, 2011-08-01 The sharp decline in U.S. productivity growth in the 1970s has brought about a renewed interest in economic policies to expand aggregate supply. Particular importance has been given to the role played by government intervention in the form of taxes, transfer payments, and regulation. This volume asks just what is known about the effect of government policy on the productive capacity of the nation. It also looks at the role played by capital formation, technological change, and the quality of the work force. |
| arthur laffer supply side economics: The Triumph of Politics David Stockman, 2013-03-26 The former director of the Office of Management and Budget discusses in detail the battle to implement the Reagan revolution. Reissue. 15,000 first printing. |
| arthur laffer supply side economics: The Trickle-up Economy Mark Mattern, 2021 Documents the everyday, institutionalized ways that income and wealth are transferred upward in the United States-how the bottom subsidizes the top-- |
| arthur laffer supply side economics: The Supply-side Revolution Paul Craig Roberts, 1984 This is the story of a revolution in economic policy from its origin in Congressman Jack Kemp's office in the summer of 1975 through the first thirty months of the Reagan Administration. |
| arthur laffer supply side economics: The Emergence of Arthur Laffer Brian Domitrovic, 2021 This book explores the origins of Arthur Laffer's economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer's life is traced from his early education through to his time working for the Nixon and Reagan administrations. Laffer's influence on Reaganomics is discussed alongside the development of supply-side economics, the shift towards neoliberal policies, and the Laffer curve. This book aims to contextualise the work of Laffer within archival research and wider economic trends. It will be relevant researchers and policy makers interested in the history of economic thought and the political economy. |
| arthur laffer supply side economics: The Zero-Sum Society Lester C. Thurow, 2001-04-02 The Zero-Sum Society is a piercing analysis of the social implications of economic policy and a classic work of economic problem solving.--BOOK JACKET. |
| arthur laffer supply side economics: Supply Side Policies Mark Cook, Nige Healey, 2001 This series is written around key areas of economics and business studies. Each individual title reflects headings in exam board specifications, to enable students to know which books to buy. The books include data and diagrams which aim to offer comprehensive facts on each subject. |
| arthur laffer supply side economics: American Government 3e Glen Krutz, Sylvie Waskiewicz, 2023-05-12 Black & white print. American Government 3e aligns with the topics and objectives of many government courses. Faculty involved in the project have endeavored to make government workings, issues, debates, and impacts meaningful and memorable to students while maintaining the conceptual coverage and rigor inherent in the subject. With this objective in mind, the content of this textbook has been developed and arranged to provide a logical progression from the fundamental principles of institutional design at the founding, to avenues of political participation, to thorough coverage of the political structures that constitute American government. The book builds upon what students have already learned and emphasizes connections between topics as well as between theory and applications. The goal of each section is to enable students not just to recognize concepts, but to work with them in ways that will be useful in later courses, future careers, and as engaged citizens. In order to help students understand the ways that government, society, and individuals interconnect, the revision includes more examples and details regarding the lived experiences of diverse groups and communities within the United States. The authors and reviewers sought to strike a balance between confronting the negative and harmful elements of American government, history, and current events, while demonstrating progress in overcoming them. In doing so, the approach seeks to provide instructors with ample opportunities to open discussions, extend and update concepts, and drive deeper engagement. |
| arthur laffer supply side economics: Sorting Out the Mixed Economy Amy C. Offner, 2021-06-08 The untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destruction In the years after 1945, a flood of U.S. advisors swept into Latin America with dreams of building a new economic order and lifting the Third World out of poverty. These businessmen, economists, community workers, and architects went south with the gospel of the New Deal on their lips, but Latin American realities soon revealed unexpected possibilities within the New Deal itself. In Colombia, Latin Americans and U.S. advisors ended up decentralizing the state, privatizing public functions, and launching austere social welfare programs. By the 1960s, they had remade the country’s housing projects, river valleys, and universities. They had also generated new lessons for the United States itself. When the Johnson administration launched the War on Poverty, U.S. social movements, business associations, and government agencies all promised to repatriate the lessons of development, and they did so by multiplying the uses of austerity and for-profit contracting within their own welfare state. A decade later, ascendant right-wing movements seeking to dismantle the midcentury state did not need to reach for entirely new ideas: they redeployed policies already at hand. In this groundbreaking book, Amy Offner brings readers to Colombia and back, showing the entanglement of American societies and the contradictory promises of midcentury statebuilding. The untold story of how the road from the New Deal to the Great Society ran through Latin America, Sorting Out the Mixed Economy also offers a surprising new account of the origins of neoliberalism. |
| arthur laffer supply side economics: The Last Voyageurs Lorraine Boissoneault, 2016-04-15 Reid Lewis never wanted to be an ordinary French teacher. With the approach of the American Bicentennial, he decided to put his knowledge of French language and history to use in recreating the voyage of René Robert Cavelier, Sieur de La Salle, the first European to travel from Montreal to the end of the Mississippi River. Lewis’ crew of modern voyageurs was comprised of 16 high school students and 6 teachers who learned to sew their own 17th-century clothing, paddle handmade canoes, and construct black powder rifles.Together they set off on an eight-month, 3,300-mile expedition across the major waterways of North America. They fought strong currents on the St. Lawrence, paddled through storms on the Great Lakes, and walked over 500 miles across the frozen Midwest during one of the coldest winters of the 20th century, all while putting on performances about the history of French explorers for communities along their route. The crew had to overcome disagreements, a crisis of leadership, and near-death experiences before coming to the end of their journey. The Last Voyageurs tells the story of this American odyssey, where a group of young men discovered themselves by pretending to be French explorers. |
| arthur laffer supply side economics: The Mediterranean Tradition in Economic Thought Louis Baeck, 2012-08-21 The Mediterranean Tradition in Economic Thought surveys the legacy of thinking on economic affairs from the countries in the Mediterraean basin over four millenia. It considers the economic content of the scriptures of the Mesopotamian civilisations, Pharaonic Egypt and the Biblical peoples and the contributions of the Greeks and Romans, and their influence on Islamic civilisation and on the Medieval scholastics. The flowering of the school of Salamanca as recently as the seventeenth century demonstrates how long-lived the tradition was, and throughout Baeck demonstrates how these ideas continue to survive and resurface, citing the renewed interest in the ethical dimension of economics, the revival of interest in the history of Islamic thought, and the re-emergence of Slavophile doctrines in contemporary Russian. |
| arthur laffer supply side economics: A Commercial Republic Mike O'Connor, 2014-06-21 As recently as 2008, when Presidents Bush and Obama acted to bail out the nation’s crashing banks and failing auto companies, the perennial objection erupted anew: government has no business in . . . business. Mike O’Connor argues in this book that those who cite history to decry government economic intervention are invoking a tradition that simply does not exist. In a cogent and timely take on this ongoing and increasingly contentious debate, O’Connor uses deftly drawn historical analyses of major political and economic developments to puncture the abiding myth that business once operated apart from government. From its founding to the present day, our commercial republic has always mixed—and battled over the proper balance of—politics and economics. Contesting the claim that the modern-day libertarian conception of U.S. political economy represents the “natural” American economic philosophy, O’Connor demonstrates that this perspective has served historically as only one among many. Beginning with the early national debate over the economic plans proposed by Alexander Hamilton, continuing through the legal construction of the corporation in the Gilded Age and the New Deal commitment to full employment, and concluding with contemporary concerns over lowering taxes, this book demonstrates how the debate over government intervention in the economy has illuminated the possibilities and limits of American democratic capitalism. |
ARTHUR | Home | PBS KIDS
Play with Arthur and his friends! Join clubs, sing karaoke, or watch videos! Play games and print out activities too!
Arthur (TV series) - Wikipedia
The Arthur series has won several awards including the George Foster Peabody, and for good reason. Arthur presents issues and situations kids can relate to, and teaches positive …
Arthur | Streaming Free on PBS KIDS | Full Episodes
Play Arthur games and watch full episodes at https://pbskids.org/arthur. ARTHUR is an animated series aimed at viewers between the ages of four and eight. AR...
Arthur Wiki - Fandom
Arthur is a Canadian/American animated educational television series for children. The show is set in the fictional American city of Elwood City , and revolves around the lives of 8-year-old …
Arthur (TV Series 1996–2022) - IMDb
Arthur: Created by Marc Brown. With Daniel Brochu, J.T. Turner, Jodie Resther, Bruce Dinsmore. Based on the books by Marc Brown, these are the adventures of Arthur, an 8-year-old …
Arthur - BBC iPlayer
Follow the adventures of the worlds most famous aardvark, eight-year-old Arthur Read, and his family and friends.
Arthur (TV series) - Simple English Wikipedia, the free ...
Arthur is an animated television series aimed at 4-to-8-years-old children, [1] developed by Kathy Waugh for PBS and produced by WGBH Boston. The television series is based on the Arthur …
Watch Arthur Videos - PBS KIDS
Watch for free your favorite PBS KIDS shows like Daniel Tiger's Neighborhood, Wild Kratts, Odd Squad, and Sesame Street.
PBS Distribution | Arthur
Meet Arthur, the lovable aardvark who has captured hearts worldwide! Based on Marc Brown’s bestselling books (over 70 million copies sold!), this iconic animated series follows Arthur and …
Arthur (TV series) | Arthur Wiki | Fandom
Arthur is a Canadian-American animated educational children's television program. It is based on the Arthur Adventure book series, created by Marc Brown in 1976. Brown himself, as well as …
ARTHUR | Home | PBS KIDS
Play with Arthur and his friends! Join clubs, sing karaoke, or watch videos! Play games and print out activities too!
Arthur (TV series) - Wikipedia
The Arthur series has won several awards including the George Foster Peabody, and for good reason. Arthur presents issues and situations kids can relate to, and teaches positive …
Arthur | Streaming Free on PBS KIDS | Full Episodes
Play Arthur games and watch full episodes at https://pbskids.org/arthur. ARTHUR is an animated series aimed at viewers between the ages of four and eight. AR...
Arthur Wiki - Fandom
Arthur is a Canadian/American animated educational television series for children. The show is set in the fictional American city of Elwood City , and revolves around the lives of 8-year-old …
Arthur (TV Series 1996–2022) - IMDb
Arthur: Created by Marc Brown. With Daniel Brochu, J.T. Turner, Jodie Resther, Bruce Dinsmore. Based on the books by Marc Brown, these are the adventures of Arthur, an 8-year-old …
Arthur - BBC iPlayer
Follow the adventures of the worlds most famous aardvark, eight-year-old Arthur Read, and his family and friends.
Arthur (TV series) - Simple English Wikipedia, the free ...
Arthur is an animated television series aimed at 4-to-8-years-old children, [1] developed by Kathy Waugh for PBS and produced by WGBH Boston. The television series is based on the Arthur …
Watch Arthur Videos - PBS KIDS
Watch for free your favorite PBS KIDS shows like Daniel Tiger's Neighborhood, Wild Kratts, Odd Squad, and Sesame Street.
PBS Distribution | Arthur
Meet Arthur, the lovable aardvark who has captured hearts worldwide! Based on Marc Brown’s bestselling books (over 70 million copies sold!), this iconic animated series follows Arthur and …
Arthur (TV series) | Arthur Wiki | Fandom
Arthur is a Canadian-American animated educational children's television program. It is based on the Arthur Adventure book series, created by Marc Brown in 1976. Brown himself, as well as …
