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Stockman, veteran of the Reagan White House and Wall Street, offers his self-described polemic, a wide-ranging indictment of the American government-economic complex; free markets and democracy have been under long-term attack, and the author explains why we have myriad problems, perhaps intractable. He indicates the book “contains much original interpretation of financial and public policy events and trends of the last century, even a revisionist framework.” Stockman concludes his lengthy controversial argument with: “the cure . . . is to return to sound money and fiscal rectitude and to correct the great error initiated during the New Deal . . . . In pursuing humanitarian purposes the state cannot and need not attempt to manage the business cycle or goose the free market with stimulants for more growth and jobs; nor can it afford the universal entitlements of social insurance. Its job is to be a trustee for citizens left behind, maintaining a sturdy, fair and efficient safety net.” This thought-provoking book will contribute to important debates on these issues. --Mary Whaley
For devoted followers of David Stockman's blog, this book is like fundamentalist scripture. Anyone trying to better understand the intensity of the daily diatribes on his Contra... Read morePublished 1 day ago by Mark Edward Bachmann
Very detailed book on misshapen policy and what we can do about it.Published 13 days ago by Vojin Vujacic
Good content, but when I got the book it there was no front cover design. It was bare white with the title on the spine.Published 20 days ago by Kyle Alston
I was 12 years old when David Stockman worked for the Reagan Administration. That's all I knew.
I had no idea that he:
- Wrote "The Triumph of Politics:... Read more
Stockman thinks that, “Herbert Hoover had been correct: the US depression was rooted in the collapse of global trade, not in some flaw of capitalism or any of the other uniquely... Read morePublished 1 month ago by peterg
Will use this book for reference. Tells the truth, shows how guilty both political parties are. David Stockman leaves no stone unturned and is free with his honesty. Read morePublished 2 months ago by Susanna