Reaganomics has become one of the most talked about economic theories in modern economics--but what exactly is it? If you don't quite get ecomics, but want to know why it's so important, then this book is for you! This puts the idea of trickle-down economics in an easy to read format and helps you understand all the key concepts.
Reaganomics has become one of the most talked about economic theories in modern economics--but what exactly is it? If you don't quite get ecomics, but want to know why it's so important, then this book is for you!This puts the idea of trickle-down economics in an easy to read format and helps you understand all the key concepts.
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.
The history we can't afford to forget. At last, the definitive history of supply-side economics—an incredibly timely work that reveals the foundations of America's prosperity when those very foundations are under attack. In the riveting, groundbreaking book Econoclasts, historian Brian Domitrovic tells the remarkable story of the economists, journalists, Washington staffers, and (ultimately) politicians who showed America how to get out of the 1970s stagflation and ushered in an unprecedented quarter-century run of growth and opportunity. Based on the author's years of archival research, Econoclasts is a masterful narrative history in the tradition of Amity Shlaes's The Forgotten Man and John Steele Gordon's An Empire of Wealth.
John Milton put a twist on the story of Adam and Eve--in the process he created what some have called one of the greatest literary works in the English Language. It has inspired music, art, film, and even video games. But it's hundreds of years old and reading it today sometimes is a little tough. BookCaps is here to help! BookCaps puts a fresh spin on Milton’s classic by using language modern readers won't struggle to make sense of. The original English text is also presented in the book, along with a comparable version of both text. We all need refreshers every now and then. Whether you are a student trying to cram for that big final, or someone just trying to understand a book more, BookCapsTM can help. We are a small, but growing company, and are adding titles every month.
“Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers: The natural inclination of complex, capitalist economies toward instability Booms and busts as unavoidable results of high-risk lending practices “Speculative finance” and its effect on investment and asset prices Government's role in bolstering consumption during times of high unemployment The need to increase Federal Reserve oversight of banks Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction. A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.
From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life—such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time—unless we are prepared to take further, decisive action.
Challenges popular conceptions about the 40th president's administration and legacy, arguing that subsequent presidents and conservative policymakers have exploited the country's misunderstandings of Reagan's achievements to promote risky agendas. Reprint.
Magic, sexuality, death! The Winter's Tale has it all. It was the Days of our Lives of the Elizabethan era! Now if only you can understand it... If you have struggled in the past reading Shakespeare, then BookCaps can help you out. This book is a modern translation of The Winter's Tale. The original text is also presented in the book, along with a comparable version of both text. We all need refreshers every now and then. Whether you are a student trying to cram for that big final, or someone just trying to understand a book more, BookCaps can help. We are a small, but growing company, and are adding titles every month.
In this concise yet thorough history of America in the 1980s, Doug Rossinow takes the full measure of Ronald Reagan's presidency and the ideology of Reaganism. Believers in libertarian economics and a muscular foreign policy, Reaganite conservatives in the 1980s achieved impressive success in their efforts to transform American government, politics, and society, ushering in the political and social system Americans inhabit today. Rossinow links current trends in economic inequality to the policies and social developments of the Reagan era. He reckons with the racial politics of Reaganism and its debt to the backlash generated by the civil rights movement, as well as Reaganism's entanglement with the politics of crime and the rise of mass incarceration. Rossinow narrates the conflicts that rocked U.S. foreign policy toward Central America, and he explains the role of the recession during the early 1980s in the decline of manufacturing and the growth of a service economy. From the widening gender gap to the triumph of yuppies and rap music, from Reagan's tax cuts and military buildup to the celebrity of Michael Jackson and Madonna, from the era's Wall Street scandals to the successes of Bill Gates and Sam Walton, from the first "war on terror" to the end of the Cold War and the brink of America's first war with Iraq, this history, lively and readable yet sober and unsparing, gives readers vital perspective on a decade that dramatically altered the American landscape.
