First Principles: Five Keys to Restoring America's Prosperity

ISBN: 0393073394

Author: Taylor, John B.

Condition: New

Leading economist John B. Taylors straightforward plan to rebuild Americas economic future by returning to its founding principles.Americas economic future is uncertain. Mired in a long crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, the nation faces substantial challenges, exacerbated by a dearth of vision and common sense among its leaders. Prominent Stanford economist John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the countrys founding principles of economic and political freedom-limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework-and reconstruct its economic foundation from these proven principles.Channeling his high-level experience as both a policymaker and researcher, Taylor then zeroes in on current policy issues-the budget, monetary policy, government regulation, tax reform-and lays out in simple terms bold strategies designed to place the country on sound footing in each of these areas.