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Back from Serfdom: Restoring American Prosperity with a Pro-Market New Deal Paperback – January 1, 2012

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Editorial Reviews


"[A]n unusual and ambitious polemic [and] a legitimate contribution toward economic policy consensus building."

--Mark J. Perry, Professor of Economics, University of Michigan and Visiting Scholar at the American Enterprise Institute

"Robert Dell's book clearly is reminiscent of Friedrich Hayek's "The Road to Serfdom." He offers a trenchant analysis of past economic mistakes and proposes a number of plausible, limited-government solutions to our current problems."

--William J. Hausman, Chancellor Professor of Economics, College of William and Mary

"This set of proposals . . . would place us in a better position for future prosperity and growth than we were before the Recession. This book is a worthy addition to the current set of debates about how to restructure our economy."

--Paul H. Rubin, Samuel Candler Dobbs Professor of Economics, Emory University

From the Back Cover

James Madison, the principal architect of the U.S. Constitution, believed that "a people who mean to be their own governors must arm themselves with the power which knowledge gives." Truly informed Americans should know:

  • Why the financial crisis that brought us the Great Recession is more fundamentally a government failure than market or business failure.
  • How government policy cripples our health care system and how market-driven health-status insurance could cost efficiently provide life-long family security--even insuring against genetic defects from birth.
  • How the Fair Tax Act, formally endorsed by 80 professional economists, would encourage new hiring, spur economic growth, promote health insurance portability while controlling costs, remove distortive tax incentives for banks to choose high leverage that threatens our economy . . . and make our tax system more progressive.
  • Why 85% of economists favor elimination of agricultural subsidies and that this would help moderate-income family farmers and aspiring farmers, lower our grocery bills, benefit the environment and reduce obesity and diabetes.
  • How government failure taxes the economic health of the nation's least prosperous citizens in the same barely recognizable manner that exposure to moderate levels of carbon monoxide or radon gas tax our physical health.
The author puts forward a thoughtful, research-based case for fundamental pro-market reforms to resolve, equitably and efficiently, the nation's long-term fiscal gap, promote healthy and sustainable economic growth and restore the nation to more limited and transparent government.

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