Description: In this vital economic roadmap, economist Arthur Laffe and journalist Stephen Moore lay out the essential components of a healthy economy: lower government spending, debt reduction, and the return of the investor class.With the economy flat on its back, unemployment at a twenty-five-year high, and the housing default crisis still worsening, is it even possible to turn our financial problems around? Economic icon Arthur B. Laffer and journalist Stephen Moore believe America can once again become the land of economic opportunity, and this brilliant new book tells us exactly how. In their rousing clarion call against the government's current fiscal strategies, The End of Prosperity, the authors focused on how lowering taxes will promote economic growth. Now, they detail the other crucial components. Simply put, the keys to prosperity are low, flat-rate taxes; government spending restraint; sound and stable money; free trade; and minimal regulation. This book gives concrete proposals on how to return to prosperity using common sense principles of good economic behavior. While most of the proposed solutions to our economic decline are fraught with peril, Return to Prosperity provides a refreshing counterbalance--a prescription for the fundamental tools America needs in order to set out on the road to recovery. It is essential reading for anyone who worries that the current economy is faltering, with no clear plan articulated to stop it.
Brief description: Arthur B. Laffer, Ph.D. is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan's Economic Policy Advisory Board for both of his two terms, he invented the Laffer Curve and triggered a world-wide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and received a MBA and Ph.D. in economics from Stanford University.
Review Quotes: "I'm always interested in what Arthur Laffer has to say, especially in times of crisis like these. I am a great admirer of his work." -- Jack Welch