HomeGroupsTalkZeitgeist
This site uses cookies to deliver our services, improve performance, for analytics, and (if not signed in) for advertising. By using LibraryThing you acknowledge that you have read and understand our Terms of Service and Privacy Policy. Your use of the site and services is subject to these policies and terms.
Hide this

Results from Google Books

Click on a thumbnail to go to Google Books.

Econoclasts: The Rebels Who Sparked the…
Loading...

Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and… (edition 2009)

by Ph.D. Brian Domitrovic Ph. D (Author)

MembersReviewsPopularityAverage ratingConversations
32None540,515 (4)None
"Ever since America descended into economic crisis the comparisons to the Great Depression have come fast and furious. Incredibly, we have heard almost nothing about a much more recent economic calamity: the ruinous "stagflation" of the 1970s - the second-worst decade in American economic history. But now, in the riveting, groundbreaking book Econoclasts, historian Brian Domitrovic reminds us that the twentieth century's greatest economic counterrevolution emerged in response to that crisis: supply-side economics." "In a pulsing narrative, Domitrovic tells the remarkable story of the economists, journalists, Washington staffers, and (ultimately) politicians who showed America how to get out of the 1970s funk and ushered in an unprecedented quarter-century run of growth and opportunity. Here we meet Robert Mundell, the brilliant economist who held court over martinis in a Manhattan steakhouse; his gregarious cohort Arthur Laffer, chief economist on the president's budget staff at the tender age of thirty; Robert Bartley, the Wall Street Journal's reticent editorial-page editor who became the first impresario of supply-side economics; Jack Kemp, the football-star-turned-congressman who led the fight to turn supply-side theory into practice; Norman Ture, the relentless economic forecaster who faced down Alan Greenspan; Jude Wanniski, the eccentric, hot rod-driving reporter whose best-selling book touched off the supply-side revolution; and a host of other fascinating figures who helped upend the economic establishment." "Based on the author's years of archival research, Econoclasts explodes numerous myths about supply-side economics, including its "creation myth" - the famous incident in which Laffer sketched a simple curve on a napkin. Domitrovic conclusively demonstrates that supply-side advocates did not invent a doctrine out of whole cloth. Their central insight was that the two massive means of governmental intrusion in the economy - the income tax and the Federal Reserve - play the primary role in starting and perpetuating any economic crisis. What's more, Domitrovic shows that the specific combination of tax cuts and stable money had an unbroken record of success long before it went by the name "supply-side economics": in 1962, when JFK ended the economic sluggishness that had brought three recessions in Eisenhower's eight-year presidency; in 1947, when the United States embarked on the postwar boom; and in 1922, when Treasury Secretary Andrew Mellon inaugurated the Roaring '20s by imploring the Fed to keep the price level stable and arranging for Congress to slash income-tax rates." --Book Jacket… (more)
Member:MariaStarrs
Title:Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity (Culture of Enterprise)
Authors:Ph.D. Brian Domitrovic Ph. D (Author)
Info:Intercollegiate Studies Institute (2009), Edition: 1, 368 pages
Collections:Your library
Rating:
Tags:None

Work details

Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity by Brian Domitrovic

None.

None
Loading...

Sign up for LibraryThing to find out whether you'll like this book.

No current Talk conversations about this book.

No reviews
no reviews | add a review
You must log in to edit Common Knowledge data.
For more help see the Common Knowledge help page.
Series (with order)
Canonical title
Original title
Alternative titles
Original publication date
People/Characters
Important places
Important events
Related movies
Awards and honors
Epigraph
Dedication
First words
Quotations
Last words
Disambiguation notice
Publisher's editors
Blurbers
Publisher series
Original language
Canonical DDC/MDS

References to this work on external resources.

Wikipedia in English (1)

No library descriptions found.

Book description
Haiku summary

Quick Links

Popular covers

Rating

Average: (4)
0.5
1
1.5
2
2.5
3
3.5
4 1
4.5
5

Is this you?

Become a LibraryThing Author.

 

About | Contact | Privacy/Terms | Help/FAQs | Blog | Store | APIs | TinyCat | Legacy Libraries | Early Reviewers | Common Knowledge | 142,402,348 books! | Top bar: Always visible