The Ten Causes of the Reagan Boom PDF Download

Author:
Publisher: Hoover Press
ISBN: 9780817958930
Category : Supply-side economics
Languages : en
Pages : 24

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Author: Michael J. Boskin
Publisher: ICS Press
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 328

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Book Description
"Reagan and the Economy" is the most comprehensive, authoritative, and up-to-date critique of Reaganomics, the revolutionary economic and political program of the 1980s whose effects are only beginning to be felt. In accessible, non-technical language, Michael J. Boskin describes the Reagan economic program as it was conceived and as it evolved over the first six years of the Reagan presidency, showing its place in the changing world of economic thought. His aim is to dispel the myths about Reaganomics by taking a hard look at the actual data and evaluating the performance of the economy. Many of his findings run counter to conventional wisdom. Boskin's greatest contribution is his analysis of "supply-side" economics, the new school of economic thinking that produced several tax cuts during the Reagan Presidency. He analyzes the effects of these policies in light of the economic conditions and alternatives available at the time, and finds the supply-side tax cuts to be partially successful. These findings form a comprehensive and accurate review of Reaganomics. "Reagan and the Economy" is essential to understanding the political and economic choices the nation will face in the coming years. -- From publisher's description.

Author: Lawrence Kudlow
Publisher: Penguin
ISBN: 0698162838
Category : Business & Economics
Languages : en
Pages : 304

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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.

Author: Brody Mullins
Publisher: Simon and Schuster
ISBN: 1982120592
Category : Business & Economics
Languages : en
Pages : 624

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Two veteran investigative journalists trace the rise of the modern lobbying industry through the three dynasties—one Republican, two Democratic—that have enabled corporate interests to infiltrate American politics and undermine our democracy. On K Street, a few blocks from the White House, you’ll find the offices of the most powerful men in Washington. In the 1970s, the city’s center of gravity began to shift away from elected officials in big marble buildings to a handful of savvy, handsomely paid operators who didn’t answer to any fixed constituency. The cigar-chomping son of a powerful Congressman, an illustrious political fixer with a weakness for modern art, a Watergate-era dirty trickster, the city’s favorite cocktail party host…these were the sorts of men who now ran Washington. Over four decades, they’d chart new ways to turn their clients’ cash into political leverage, abandoning favor-trading in smoke-filled rooms for increasingly sophisticated tactics like “shadow lobbying,” where underground campaigns sparked seemingly organic public outcries to pressure lawmakers into taking actions that would ultimately benefit corporate interests rather than the common good. With billions of dollars at play, these lobbying dynasties enshrined in Washington a pro-business consensus that would guide the country’s political leaders—Democrats and Republicans alike—allowing companies to flourish even as ordinary Americans buckled under the weight of stagnant wages, astronomical drug prices, unsafe home loans, and digital monopolies. A good lobbyist could kill even a piece of legislation supported by the president, both houses of Congress, and a majority of Americans. Yet, nothing lasts forever. Amidst a populist backlash to the soaring inequality these lobbyists helped usher in, Washington’s pro-business alliance suddenly began to unravel. And while new ways for corporations to control the federal government would emerge, the men who’d once built K Street found themselves under legal scrutiny and on the verge of financial collapse. One had his namesake firm ripped away by his own colleagues. Another watched his business shut down altogether. One went to prison. And one was found dead behind the 18th green of an exclusive golf club, with a bottle of $1,500 wine at his feet and a bullet in his head. A dazzling and infuriating portrait of fifty years of corporate influence in Washington, The Wolves of K Street is a masterpiece of narrative nonfiction—irresistibly dramatic, spectacularly timely, explosive in its revelations, and absolutely impossible to put down.

Author: Sashi Sivramkrishna
Publisher: Routledge
ISBN: 0429537409
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
Austerity, fiscal consolidation, fiscal discipline and fiscal deficit targets have become the buzzwords of contemporary macroeconomic policy. By tracing the history of macroeconomic schools of thought, Maximum Government, Maximum Governance explores the origins, essence, shortcomings and deception of mainstream neoliberal macroeconomics. Arguing that economies are financially constrained, neoliberal macro­economics dislodged full employment as the target of policy replacing it with a low and stable inflation target. Monetary policy under the control of an independent central bank became the primary instrument to assist free and globalized markets to propel economies towards full employment. How­ever, the global financial crisis of 2008 and rising inequalities of income and wealth in the last decade within and across economies has led to rise of nationalist-populist leaders in many parts of the world. Although neoliberal economics has been put under the scanner by these leaders, their actions seem reactionary and without a coherent understanding of alternative schools of economic thought. An alternative based on sound economic reasoning and institutional realities is required to challenge neoliberal and arbitrary populist policies. Based on an introductory analysis of Modern Money Theory (MMT), this book seeks to present an alternative viewpoint on macroeconomics and macroeconomic policy to address the challenges of economic growth, un­employment and inequality. While adherents of MMT are convinced of its robustness, the challenge is to reframe macroeconomic discourse, which must essentially reject the notion that an economy is financially constrained and instead turn the spotlight on real resource and governance constraints. Please note: Taylor & Francis does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka

Author:
Publisher: Hoover Press
ISBN: 9780817943431
Category : Economic development
Languages : en
Pages : 28

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Author: Zoltan J. Acs
Publisher: Cambridge University Press
ISBN: 0521894921
Category : Business & Economics
Languages : en
Pages : 367

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This volume provides a lens to analyze public policy decisions involving entrepreneurship.

Author:
Publisher: Hoover Press
ISBN: 9780817944032
Category : Democratization
Languages : en
Pages : 28

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Author:
Publisher: Hoover Press
ISBN: 9780817944438
Category : Right of property
Languages : en
Pages : 36

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Book Description
This essay argues that, contrary to widespread academic sentiments and impressions, the institution of private property rights fully accords with a sensible conception of human morality, indeed, rests on a solid moral foundation. Although the institution will forever remain vulnerable to critics like Karl Marx, the failure to respect and legally protect it has produced economic weakness across the globe.

Author: Ramon Hawley Myers
Publisher: Hoover Press
ISBN: 9780817944339
Category : China
Languages : en
Pages : 28

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This paper maintains that Taiwan's new president is promoting Tiawanese nationalism, is turning away from negotiations to reunify Taiwan with China, and is likely to cause serious conflict with China.