84th out of 282 books — 209 voters
Goodreads helps you keep track of books you want to read.
Start by marking “The Way the World Works (Gateway Contemporary)” as Want to Read:
The Way the World Works (Gateway Contemporary)
Jude Wanniski's masterpiece defined the policies at the heart of the Reagan economic boom that continues today and promises a coming century of global peace and prosperity. Writing with a simplicity and liveliness uncommon to his subject, Wanniski offers a fresh general theory of the world's political evolution that explains how and why economies fail and succeed, now and ...more
Paperback, 20th Anniversary Edition, 366 pages
Published July 1st 1998 by Gateway Editions
(first published January 1st 1978)
To see what your friends thought of this book, please sign up.
Essential Non-Fiction Reading Re: Human Rights
Sensitive Blood-Drinkers, Sexy Bad-Boys and Gallant Scottish Noblemen... or not
323rd out of 426 books — 79 voters
More lists with this book...
(showing 1-30 of 245)
Trickle down economics does not work you may have been told. Well read Jude Wanniski's book (the man who listened to the economist Art Laffler's theory) on what is called supply side economics, as he explains it in this book. Congressman Jack Kemp and Senator William Roth read the book then convinced Ronald Reagan of it's merits. When Reagan became President he followed it's principle argument for low marginal tax rates. Look at economic history and see how well high tax rates stack against low ...more
This is the book that sums up supply side economics and the Regan economic policies that brought the US out of the Carter era inflation troubles and sent the US on a 20 year bond and equity boom. To sum the book up, moving the tax burden of citizens down the Laffer curve results in economic prosperity. So lower taxes and smaller government is good. We can probably use a dose of that today. The book also has some interesting view on world politics and government, in that every country is a democr ...more
I read this for a class at the Free Market Society of Chicago in the early 1990s. It is a seminal book in economics and economic history. Named one of the 100 most influential books of the 20th century by the editors of the National Review, the book contains Wanniski's discovery of the cause of the Crash of 1929. His lucid reporting that the U.S. Senate's floor votes on the Smoot-Hawley tariff legislation coincided day-to-day with the October 1929 financial market collapse was the first persuasi ...more
Jude Wanniski is an excellent writer. He writes with charm and wit as he lays out a thorough and definitive argument for supply-side economics. He leaves out some very important mitigating factors, but the presentation is very well done. For anyone who wants to better understand the primary force behind Republican economic and tax policy initiatives, this book is must read. It contains some very important economic realities, despite its not providing a more complete and unbiased description of h ...more
The best book on economics. Shows fatuity of still-dominant demand-side model, with its silly preoccupation with accounting trivia, like the federal budget and trade balance and savings rates, in an economy with $40 trillion or so in assets that rise and fall weekly by trillions.