Supply-Side Follies: Why Conservative Economics Fails, by Robert D. Atkinson

By Robert D. Atkinson

Supply-Side Follies is a innovative political and monetary problem to the present George W. Bush regulations. It debunks typically held assumptions of conservative fiscal rules founded at the obsession that tax cuts resulted in larger productiveness and prosperity. those essentially incorrect guidelines are atmosphere the U.S. up for an immense fiscal downturn within the close to destiny. The twenty first century wisdom economic climate calls for a essentially various method of boosting progress than just slicing taxes at the richest traders. the choice isn't really, in spite of the fact that, to resurrect outdated Keynesian, populist economics as too many Democrats desire to do. particularly, as Rob Atkinson makes transparent, our long term nationwide welfare and prosperity relies on new fiscal approach that matches the realities of the twenty first century worldwide, knowledge-based economic climate: innovation-based progress economics.

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