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Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity
The definitive history of supply-side economics—the most consequential economic counterrevolution of the twentieth century—and an incredibly timely work that reveals the foundations of America’s prosperity at a time when those very foundations are under attack.
Hardcover, 368 pages
Published
August 1st 2009
by ISI Books
(first published 2009)
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So. This book offers an excellent history and introduction to the fundamentals of "supply-side economics" and why it works. I was an unconvinced man of entitlements before this book; but now, I am a supply-sider.
The historical anecdotes were fascinating and enjoyable to read, although at times, I felt that they romanticized the subject. Nevertheless, the historical anecdotes keep this book from becoming too economics-theory heavy.
As for the econ theory, it was exp...more
The historical anecdotes were fascinating and enjoyable to read, although at times, I felt that they romanticized the subject. Nevertheless, the historical anecdotes keep this book from becoming too economics-theory heavy.
As for the econ theory, it was exp...more
This book was very informative about the politics behind macroeconomics and serves as an introduction to the last hundred years of academic and political macro. I have only two complaints: 1. I wanted some visual aids to understand the economic models. I was a little frustrated that I remembered many of the names of models (example: Mundel-Fleming model and neoclassical model) from class, but didn't remember the specifics. I could have used some more explanation so I could appreciate the poli...more
As previously commented, it provides a solid history of key macroeconomic policy approaches and results for the last 100 years including what supply side is and how it has worked. More relevant, it tells how bleak the 70's were (I remember those days), how tough an economy Reagan inherited (he didn't blame his predecessor for 30 months, he fixed it) and how 20 years of renewed prosperity was enabled. Our leaders need to pay attention!
Insightful. I quick and efficient introduction to economic history during the 20th century, especially pre-Reagan/Reagan era.
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