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 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 more 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 possible...if 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.
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“I’m always interested in what Arthur Laffer has to say, especially in times of crisis like these. I am a great admirer of his work.”
— Jack Welch, New York Times bestselling author
“Laffer and Moore are two of my favorites. They are the rarest of economists—they actually make sense.”
— Glenn Beck, #1 New York Times bestselling authorLaffer and Moore are two of my favorites. They are the rarest of economists---they actually make sense.
— Glenn Beck, #1 New York Times bestselling authorBe the first to write a review about this audiobook!
Arthur B. Laffer, PhD, is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan’s Economic Policy Advisory Board for both of Reagan’s terms, he invented the Laffer Curve and triggered a worldwide tax-cutting movement in the 1980s. He coauthored The End of Prosperity with Stephen Moore and Peter J. Tanous. Laffer received a BA in economics from Yale University and an MBA and PhD in economics from Stanford University.
Stephen Moore sits on the editorial board of the Wall Street Journal and frequently comments on economics and public policy in its pages and on national television. He founded the Club for Growth and the Free Enterprise Fund and is a noted economist and political thinker.
Dick Hill, named a Golden Voice by AudioFile magazine, is one of the most awarded narrators in the business, having earned several Audie Awards and thirty-four AudioFile Earphones Awards. In addition to narrating, he has both acted in and written for the theater.