The Growth Experiment Revisited: Why Lower, Simpler Taxes Really Are America's Best Hope for Recovery

by Lawrence B. Lindsey

The first edition of The Growth Experiment , originally published in 1990 as a response to critics of the Reagan-era tax cuts, became a kind of bible for proponents of supply-side economics. This new and updated edition, which explores the economic effects of America's tax policy over the last five presidential administrations, makes a bold and timely argument against the centerpiece of Obama's economic policy -- increasing taxes on the wealthy. Lawrence Lindsey provides a data-rich argument showing that because of changes in human behavior prompted by tax cuts, lowering taxes on the wealthy "costs" the treasury far less than most economists calculate and creates an economic boon to middle and lower income earners. Sure to be controversial, The Growth Experiment Revisited is essential reading for anyone looking to understand the arguments at the heart of this most fractious of American policy debates.

Genres: Economics

Unknown Binding

First published September 10, 2013

Reviews

[Gordon Larsen · Rating 5 out of 5]

This is an excellent primer on tax policy, including the history and long term effects of both the Reagan and Bush tax cuts. It's also a helpful guide on the basics of classical vs. Keynesian economic theories and ends with a good proposal for moving to a value-added tax system.