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Return to Prosperity ❮Read❯ ➮ Return to Prosperity ➲ Author Arthur B. Laffer – When Arthur B Laffer spearheaded the theory of supply side economics and became a member of President Reagan's Economic Policy Advisory Board he took his place as an economic icon More recently he joi When Arthur B Laffer spearheaded the theory of supply side economics and became a member of President Reagan's Economic Policy Advisory Board he took Return to PDF/EPUB or his place as an economic icon More recently he joined with Stephen Moore and Peter J Tanous to write The End of Prosperity—a clarion call delineating what is wrong with current political approaches to America's present economic challenges Steve Forbes himself described The End of Prosperity as brilliantly insightful saying read IT—AND ACT Now Laffer and Moore follow the rousing success of The End of Prosperity with a book even vital to America and Americans delivering a plan that shows how our country can regain its lost prosperity With the economy flat on its back unemployment at a twenty five year high and the housing default crisis still worsening is this even possible But America can once again become the land of economic opportunity and this brilliant new book tells us exactly how While President George W Bush and President Barack Obama may hail from different parties their responses to the crisis have been strikingly similar The Bush and Obama plans have failed producing nothing except a cascade of trillions of dollars of debt Is the situation hopeless No say Laffer and Moore resoundingly the situation is not hopeless A Return to Prosperity is still entirely possibleif the correct strategies are followed In The End of Prosperity the authors primarily discussed how lower taxes are essential to economic growth Now in Return to Prosperity they detail the other essential components putting government at all levels on a low fat diet; emphasizing debt reduction and retirement; and bringing back the investor class in America where every American can own a piece of the rock In a time where most of the proposed solutions are fraught with peril the argument provides a refreshing counterbalance Return to Prosperity is a prescription that gives America the fundamental tools it needs in order to set about recovering This book is an urgently needed road map to renewed prosperity and it is vital for anyone who worries that the current economy is faltering with no clear plan for recovery.

  • Audio CD
  • Return to Prosperity
  • Arthur B. Laffer
  • English
  • 06 January 2014
  • 9781400166176

10 thoughts on “Return to Prosperity

  1. Amora Amora says:

    A good seuel to Laffer and Moore’s previous book Laffer and Moore give several proposals on how to rejuvenate the economy following the financial crisis Among the proposals are tax cuts cutting trade barriers and reducing barriers to work I can’t say this was as good as their first book but it’s still a good read

  2. Paul Paul says:

    Good read on an otherwise dry subject Laffer gives good supporting historical references to support warnings and recommendations for future monetary policy Book covers events as current as 2010 including the expansionist initiatives of the Obama administration from cash for clunkers Tax the rich healthcare public debt to various stimulus and redistributionist efforts Works well as a reference book if you're not in it for the full read

  3. Ray Ray says:

    The author Arthur B Laffer is recognized as the father of the trickle down economic theories used by supply economics since President Reagan His theory is simple eg by reducing federal tax rates government would leave money in the market which would bolster the economy which would generate jobs and goods which would increase total income which would ultimately produce enough tax revenue to make up for the initial reduction in taxes I was initially suspicious as to whether the book would be one on economic theory or one based on political ideology The initial sections left me with the impression that Laffer a self proclaimed conservative and Libertarian was simply going to use the book to repeat the many complaints against the Obama Administration without recognizing the complicity of both recent Administrations and Congress and without getting into any specifics on how American can regain its economic stability I really was looking for a discussion on the economy and was not looking for a book in which one political party lays all the blame for one or issues on the opposing political party As an example Laffer started his book with a discussion of Obama's energy policy While every president since Eisenhower stated the need to reduce foreign oil imports Laffer makes Obama and Energy Secretary Chu sound naive and ill informed for expressing the same desire Laffer uotes Obama's inauguration and campaign speeches about his desire to make American energy independent and to foster alternative fuels to create new American jobs It seemed to me that Laffer either missed Obama's intention to support alternatives to our existing oil dependency or distorted Obama's intention to mean that he proposed to immediately eliminate the foreign oil trade If Laffer was correct I would agree that Obama could be considered as uninformed and ignorant of basic economic benefits and the Country would suffer In fairness it appears that Mr Laffer wrote this book in 2009 early in the Obama Administration to have it ready for release in 2010 and much of what he wrote was based on fears of Obama policy based on campaign rhetoric But as I read the book at the end of 2011 three years after becoming President Obama has not cut off foreign oil imports nor has he ever talked about doing that What Obama has hoped to do is spur alternate energy sources in order to reduce foreign oil imports or theoretically all but eliminate them at some point in the future Mr Laffer writes that this is still a bad idea because the nations we trade with use our dollars to in turn buy American products keeping both economies going But thinking about what our oil dollars fund in Saudi Arabia the country who gave us the majority of 911 terrorists and exports extreme conservative Islam starving that beast by reducing oil dollars doesn't sound like a bad idea True if we stopped importing Saudi or Venezuelian oil other countries would step in and pick up the slack But Obama's vision is to foster and develop alternative energy sources even exporting that technology and thereby reducing global oil demand Idealistic perhaps but it's an entirely different picture than Laffer seemed to paint And later but still in the early chapters Laffer states that Obama decided to persist in a policy of prevention of allowing off shore oil drilling But that isn't true either In March 2010 Obama lifted a longtime ban on offshore drilling and oil and gas exploration saying it was crucial to US energy security Additionally Laffer also took Obama to task for his cap and trade policy But because he wrote the book so early in the Obama Presidency he didn't account for the failure of the policy to gain support in the Senate resulting in Obama's switch from the cap and trade policy and focusing instead on creating jobs and improving American competitiveness to offset climate change impacts Other examples include toward the very end of the book Laffer classifying Obama as clueless for opposing a Free Trade Agreement with South Korea Yet in late 2011 Obama signed three trade deals with Panama Columbia and South Korea So much of the book seemed like it would resemble political campaign adds which distort policy in order to gain political points from the uninformed which was not my interest Happily that wasn't the sustained theme of the book and it became easy enough to weed out the politics and get back to the economic theory The bulk of the book went into Laffer's tax policies and spreading blame for huge spending sprees among both political parties Clearly both George W Bush and Barack Obama have opened the spigots of Federal spending both attempting to stimulate the economy Laffer then goes into details showing the downside of that policy on the present and long term state of the American economy Laffer has an ability to make his theories easily understandable at least on an elementary level and provides numerous easy to comprehend examples clarifying his points Ultimately Laffer recommends adoption of a flat tax something we're starting to hear and about Given the poor state of the economy today and the complexity of today's tax codes Laffer may well have the right idea He certainly makes a good case for his points of view We're so far in the hole today we don't seem to have much left to loose to implement many of his recommendations Perhaps it's time to actually have an economist take a leadership role in our governmental policies instead of lawyers and career politicians answering to the plethora of lobbyists on Capital Hill For an alternate point of view one could try Jeffery Sachs book The Price of Civilization Reawakening American Virtue and Prosperity Sachs also presents ideas for a return to prosperity however he states his ideas are in keeping with a compassionate society Sachs takes a contrary stance to Laffer and emphasizes the need for the top 1% of wage earners in the US to step up and pay in taxes Sachs makes the case that Laffer's supply side economics and tax cuts have been the basic policy since the 1980's and has only resulted in increasing national debt increased wealth of the top 1% of wage earners and stagnation of the middle class Then there's President Clinton's 2011 Book Back To Work which also presents ideas on improving the economy With all these ideas around one can only hope that Congress will settle on a plan and do than simple bicker and blame

  4. E E says:

    A contrary – but highly informed – view of taxes and economicsProminent economist Arthur Laffer is a contrarian’s contrarian He urges trade with North Korea and Cuba dislikes unions despises stimulus packages loves the flat tax and espouses offshore drilling in the Gulf of Mexico note though that the book predates the oil spill catastrophe there The inventor of the Laffer curve which says not without debate that cutting tax rates for rich people ultimately produces government revenue offers evidence for each of his zingers though he meanders at times and his points are sure to raise hackles He issues economic warnings with the intent that “you should be scared” yet this isn’t a partisan book – Laffer’s informed insights criticism and praise extend to both sides of the political aisle He productively draws upon his own professional and personal experiences When he writes that Americans are leaving high tax states to move to low tax states he notes his own shift from California to Tennessee Laffer is a supply side conservative but he voted for Bill Clinton and he explains why getAbstract which recommends books but takes no political stands the opinions in the Abstract are the author’s suggests this analysis to policy makers and students of economics who welcome a curmudgeonly but deeply experienced perspectiveTo learn about this book check out the following web page

  5. Don Don says:

    supply side economics and answer as in 80’s Obama makes basic Econ101 mistakes hasty is bad stimulus Keynesian is panic decision put politicians on commission live by law no ear marks line item veto people respond to incentives flat tax 13% simple fair flexible lowest rate on largest base less interest and charity and tax amnesty as states have steady monetary policy free trade do no harm regulation Hoover tariffs and depression subsidized mortgages via fannie Freddie unions out of public sector no min wage move to countriesstates to save taxes 66T household assets 791 colleges illegal to own gold in 33 for 2067 then jump to 35 early 1934 repeal all financial legislation since 08 all legislators on social security and same systems no fannie Freddie limit deficits and unfunded liabilities cut spending 08 was liuidity crisis as boiler blew up with tapping of subprime bank reserves up 20 fold inflation risk in future nuclear power repeal excessive regs min wage Obamacare short recessions ok

  6. Paul Sidwell Paul Sidwell says:

    I picked up this book at the recommendations of Dave Ramsey and Dan Miller I love the author's well defined credibility and how he outlines the best way to control economic policy It's almost comical that our current president as much of a larger than life character as he truly is knows absolutely nothing about economic policy Art Laffer points this out in the very outset of his book and I can't wait to read Great uote from the book IMHO not the overall thesis but a good uote An increased ability to budget will lead to an increased efficiency in the manner that the government spends the taxpayers' money DuhWho would have thought that higher taxes on labor trade and profits would lead to lower levels of labor trade and profits? Obviously our current President did not read this book

  7. Kent Kent says:

    Genius Tax policy made simple No small accomplishment thereArt Laffer for Chairman of the President's Council of Economic AdvisersAll Americans should read this book and finally begin to understand economics so that political candidates and special interests of every variety and persuasion cannot pull the wool over their eyes any

  8. Naomi Naomi says:

    Dead on smart economics information I am not a big economics girl but I love the way that Art Laffer writes He is a master at writing in a way that a layperson could grasp simple economics His follow up to this was just as good

  9. Katherine Katherine says:

    Very interesting book not meant to be read when it's late and you can't keep your eyes open If only our government could adopt some of his ideas

  10. Bruce Bruce says:

    It really is that easy

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