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Who's the Fairest of Them All? The Truth about Opportunity, Taxes, and Wealth in America Hardcover – October 9, 2012


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Product Details

  • Hardcover: 136 pages
  • Publisher: Encounter Books; 1st edition (October 9, 2012)
  • Language: English
  • ISBN-10: 1594036845
  • ISBN-13: 978-1594036842
  • Product Dimensions: 0.5 x 8 x 5.5 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (55 customer reviews)
  • Amazon Best Sellers Rank: #21,654 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Stephen Moore is senior economics writer for the Wall Street Journal editorial page and a member of the editorial board. He is also an economic commentator for CNBC TV and Fox News Channel, where he appears daily commenting on economic, fiscal policy, and political issues of the day. His most recent books include Return to Prosperity: How America Can Regain its Economic Superpower Status (Threshold, 2011).

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Customer Reviews

This little book explains in simple language a very difficult subject.
James Reavis
Read about this book in the newspaper, and is a subject in which I am interested, so I purchased it.
Ted
While short, this book is packed with useful information that you may refer back to.
Zachary Goldman

Most Helpful Customer Reviews

58 of 65 people found the following review helpful By A Rationalist on October 17, 2012
Format: Hardcover Verified Purchase
Stephen Moore, Senior Economics writer at the WSJ and frequent collaborator with Art Laffer, has published a timely reminder of the supply-side policies that are absolutely essential if the US is to escape the current economic morass. Supply-side economics can be distilled down to the ineluctable premise that 'incentives matter' from a behavioral standpoint. The result, as Art Laffer is fond of stating, is that the more you tax something, the less you are likely to get of it. A stunningly simple concept that is hard for the average liberal to understand because it requires counterintuitive, second-derivative thinking (lowering tax rates can actually increase revenues by growing the pie!). The problem of voter susceptibility to self-defeating economic policies, based on first-derivative reasoning, was brilliantly detailed by Bryan Caplan in his 2007 book, "The Myth of the Rational Voter: Why Democracies Choose Bad Policies." Caplan posits that voters are irrational and have systematically biased ideas concerning economics and specifically the "anti-market bias" that Obama is leveraging with his tired 'fairness' rhetoric. It is poisonously self-destructive and emblematic of the 'liberal paradox,' whereby policies meant to help the poor and disenfranchised actually wind-up hurting those very same constituencies. Fortunately, we have a live "A/B" test taking place right now in the US, via our federalist system, with some states lowering taxes to attract business while others - California most notably - look to commit financial suicide by raising the top marginal rate to over 13%. To use my favorite quote/analogy from Laffer & Moore's "Rich States, Poor States" (2nd Edition): "Robin Hood had a progressive stealing structure. You recognize the model don't you? Doesn't it sound like the California Government? How long would it take you to learn not to go through the forest?" The answer, from businesses and "the rich" if Prop 30 passes, will be "not very."
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81 of 93 people found the following review helpful By prettywoman on October 10, 2012
Format: Hardcover
Another terrific tome from Steve! No nonsense revelations about what it means to be fair when it comes to the government confiscating our earnings based on success. Steve lays out exactly what is "fair" and why - a flat tax, each person with "skin in the game".

Our current tax code punishes those who work hard while it rewards those who sit back and contibute nothing but an outstretched hand asking for more. The achievers who build things, hire people and make the wheels of the economy spin and produce are bearing the burden of almost half of the "takers". Romney and Ryan need to carry this book around and read it outloud at their rallies!
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35 of 40 people found the following review helpful By Bernard Chapin on October 29, 2012
Format: Hardcover
All around us are examples of state governments and individual localities in America going broke, and being unable to pay off their debts. Yet our federal government continues to run up its bills and ratchet up its level of borrowing. The net product of our government's duplicity, chicanery, and money printing will be a citizenry without a sustainable future. We will, eventually, bring the third world to our shores. We are all on the hook about 50 grand for the debts our politicians have taken out in our name, and all we have is bankruptcy to show for it. Enter Stephen Moore, one of the brightest stars in the field of economics, and a guy that President Obama completely ignored when he said that economists on both sides agree with his policies. That's a complete joke, and Mr. Obama would be wise to make a phonecall to Thomas Sowell before making such a risible statement. But Moore as well has been a consistent, ingenious, and well-spoken critic of statism over the years and his television appearances--along with this text and another Encounter Books publication---illustrates that he is a man who understands perfectly the current dysfunction that is the state's relationship with our finances. This book is in keeping with the one he wrote in 2010 with Art Laffer in terms of its indict of pseudo-Keynesian over-spending in bad times and then our present over-spending and money borrowing in good times. When will we balance our budget? Never, unless the left is removed from power. Who's the Fairest of Them All? is brief but the perfect criticism of a dissolute age. It's a mere 120 or so pages but Moore's analysis is devoid of fluff. His chapters reveal what REAL fairness is and that forced equality can lead to total poverty.Read more ›
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6 of 6 people found the following review helpful By David M. Rosenberg on January 20, 2014
Format: Hardcover Verified Purchase
In arguing the case for supply-side economics and lower tax rates, the book brings a lot of useful and interesting statistics, building them into a cogent case. The many tables, charts, and graphs are much welcomed, and illustrate the book's points nicely. Moore's writing isnot particularly eloquent - not that it aims to be, since his case rests primarily on the facts. What is distressing, however, is the utter lack of proofing or editing in this relatively short text (122 pages). These errors are not limited to mere misspellings or other nuisances that have little impact on the book's argument. For example, on page 70, in arguing the importance of small businesses as employers, Moore states that "Small businesses create 70 percent of new jobs." Yet the citation is an unfinished footnote which reads "citation needed: 70% of new jobs small business" - a note the author left to himself while writing the book reminding himself to research this point. Very, very sloppy to leave that in the final version of the book. Another similarly sloppy mistake is found on page 102. Here Moore cites the reduction of income taxes in the 1920s and parallel rise in tax revenue as proof of the validity of supply-side economics. But in the chart he uses to illustrate, the figures are all mislabeled: tax revenue is shown as the tax rate, and vice versa. According to the chart in the book, Calvin Coolidge make an unprecedented tax hike rather than dramatic tax cuts. Again, very sloppy and just one more example of the lack of editing.
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