The new American economy
Subtitle: the failure of Reaganomics and a new way forward
By: Bruce Bartlett.
Edition: 1st ed.
Publisher: Palgrave Macmillan
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 266
Subjects: Supply-side economics -- United States; United States -- Economic policy -- 20th century; United States -- Economic policy -- 2009-
Description: 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. -- Publisher description.
Notes: Includes bibliographical references and index.
Table of contents: title: The Great Depression : misunderstanding deflation; title: The triumph of Keynesian economics; title: Inflation : the downfall of Keynesian economics; title: The conservative counterrevolution; title: The rise and fall of supply-side economics; title: Starving the beast didn't work; title: Dealing with tomorrow's economic crisis.