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The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen Hardcover – Bargain Price, October 14, 2008
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"This book focuses on the greatest economic issues of our time. While I have very different views, it's through careful debate and full understanding that we can make progress. This book is a must-read." -- Joe Kennedy, former congressman from Massachusetts
"Fair warning! No one can say, 'No one told us this would happen.' Art Laffer, Steve Moore, and Peter Tanous have done just that with this brilliantly insightful book. Read it -- and act!" -- Steve Forbes
"Frankly, I think supply-side economics is snake oil. But you should know how three of its smartest proponents try to defend it in this influential and important book."-- Robert Reich
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Top Customer Reviews
The current economic conditions is bad, but it will get worse if money is stolen from a group of people in the name of so called "fairness". The Laffer curve allowed the world we live in today. It allowed the Bill Gates, Steve Jobs, and the Michael Dells of the world to make everyone's better. There would be no laptops, iPods, Amazon.coms if the courageous entrepreneurs in our economies were not allowed to reap what they sowed. People do not work so that they can pay the government. They work to improve themselves, and that is the point of this book.
This is a bi-partisan book, and a 'must read' for all who truly care about the future of America.
Not often that I suffer that particular effect, but this book leaves me with an uncomfortable feeling. The future sounds a bit scary.
Very well written, with a wry sort of 'quietly despairing' humor that entertained me frequently. Good prose. Often dry and witty.
I will give you a short review first, and then a long review. Take your pick. That tells you perhaps I took the issues this book raises seriously. (Disclaimer: I don't want to upset anybody. Don't get mad. I'm just offering a working class grunt's opinion. I apologize for any perceived mockery of the Great Ones, the Federal Elite, who -of course- know what is best for me, and how best to spend my money for me.)
Well written. Bang up to date. Touches intimately on political decisions and ATTITUDES, past and ongoing, that affect us all. Quite funny-sad-infuriating at times. Highly qualified writers/economists. You can argue if you want to that they are bone-headed wrong, dumb schmucks from the Rabid Right, but you can't deny they are shakers and movers. These three boys have been in the thick of it all for a long time. If you care about America, about people and their jobs and families, then -please- just for this one book, lay any and all prejudices and political bias to one side. Stop. Take a deep breath, and plow right on in. With an open mind.
Again, I'm not suggesting you should agree, but PLEASE, at least quietly consider the issues. They are of monumental importance to us real, live, breathing little human beings. If you know of a book that directly opposes this book's conclusions, I'd like to hear any suggestions...Read more ›
The most surprising thing: JFK was a supply-sider! Back in the early 60s, Democratic President John F. Kennedy was proposing tax cuts to get the economy moving, and the NAY-SAYERS were a bunch of curmudgeonly Republicans. (In a similar vein, you will be astonished to learn that this story goes back all the way to Warren Harding!)
Kennedy got his tax-cut package passed (just as Ronald Reagan did) and the economy took off. Tragically, Kennedy was shot dead, and America unfortunately entered what the authors call the "Four Stooges" period of the American Presidency: LBJ, Nixon, Ford, and Carter. Particularly interesting was the slicing-and-dicing of Richard Nixon. He has become known as "The Watergate Villain," and almost nobody remembers his disastrous, idiotic mismanagement of the economy. Wage and price controls, anyone? "We are all Keynesians now?" Ford and his silly WIN buttons helped not a bit, and then Jimmy Carter managed to drive the misery index to its highest level in decades. The Four Stooges, indeed.
I haven't finished this book yet, but I've already learned so much from it that I thought I should post this review. And I will close with a single image, which may be helpful to those who still think that the U.S. President can do as he pleases. This is Bill Clinton, who is getting sound advice that his re-election depends on maintaining credibility with key financial markets.Read more ›
The book describes the ups and downs of the American economy over the past hundred years with colorful stories illustrating how political actions affect the health and well-being of the population and its economy. It is relatively easy to read and does not require that you be an economic professional to understand it. It is the first literary piece that I have ever read that clearly describes the causes of the Great Depression. The book is not written along any party line which is refreshing. It encompasses an understanding of sociology to predict and motivate human behavior.
Another very exciting aspect to this book is the fact that it was published last October, 2008. It references current politicians which makes it incredibly informative. We are facing a grim reality with respect to our economy here in California and when you get to the chapter on California, hold on; there is nothing in it we don't already know, but it will make you blue. Move on though because the next chapter is terrific. It is the success story of other nations and their incredible recovery to prosperous economic conditions, like the "Miracle of Ireland."
Please read the book from the beginning, or you probably won't understand it and you will miss the interesting stories like the plight of the Beatles and Rolling Stones when they were making so much money and the British government was taxing them at a rate of 95%.Read more ›
Most Recent Customer Reviews
Still reading, but I find it very interesting. Very convincing arguments backed up by history.Published 11 months ago by Douglas M.
WHAT AN AWESOME BOOK. THEY HAVE STATISTICS THAT PROVE THAT LOWER TAXES PRODUCES MORE INCOME FOR THE GOVERNMENT. Read morePublished 16 months ago by Retired
If you haven't already done so, this is a book that every voter should read before the next two elections!Published on February 2, 2014 by James P. Cooney
Peter Tanous again shows his very solid understanding of the global economy. This was the advance gut-check decision makers around the globe should have read and should still... Read morePublished on January 2, 2014 by william degroot
Stephen Moore makes the argument for lower taxes connected to prosperity.
He provides a table of some 20 countries in the world with low taxes. Read more
I read this after all of the mess in 2008 with the economy and this book gives a great look at what works and what doesn't work with the US.Published on February 10, 2013 by Drew
Again, if the socialists are howling, it must be good.
Well, it is good. And it is important. Read more
this guy is an opportunist and seems to have no internal gyroscope to keep his seemingly intelligent brain from going with whatever train of thought will make him a buckPublished on September 14, 2011 by foof
When it was published in 2008 by three of the leading proponents of supply side economics, "The Edge of Prosperity" could have been seen as a vigorous defense of it, as a prophetic... Read morePublished on August 19, 2011 by John Kwok