false 3255106 1416592385 9781416592389 30 14 http://photo.goodreads.com/books/1255751394m/3255106.jpg http://www.goodreads.com/book/show/3255106.The_End_of_Prosperity_How_Higher_Taxes_Will_Doom_the_Economy_If_We_Let_it_Happen 1077571 Arthur B. Laffer 37 15 5 0 false Mon Apr 27 00:00:00 -0700 2009 Mon Apr 27 02:48:20 -0700 2009 Mon Apr 27 02:48:30 -0700 2009
Arthur B. Laffer, Stephen Moore and Peter J. Tanous give Ronald Reagan full credit for laying the foundation for decades of U.S. prosperity. They see today’s government programs as a return to the worst of Franklin D. Roosevelt’s New Deal and Lyndon B. Johnson’s Great Society. The authors find it strange that the U.S. is adopting a more European model just as many European countries are moving more toward Reaganomics. They suggest a different path to good fortune: Get government out of the way of individual, entrepreneurial opportunity. If this reasoning persuades you, pay particular attention to their chapter describing how California, once the most prosperous U.S. state, became an economic basket case – a decline that the authors blame on the expansion of government spending, regulations and taxes. Laffer’s advocates, including those who also favor a flat tax, see this book as an instant classic; his opponents have already dismissed it. getAbstract suggests it to those seeking a conservative take on current economic policy. ]]>