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Peddling Prosperity

Posted: 2021, Jan 03, Sun, 5:42 am
by AHE
The past twenty years have been an era of economic disappointment in the United States. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. But strange things have happened to economic ideas on their way to power: they've been hijacked by policy entrepreneurs--economic snake-oil salesmen, right or left, who offer easy answers to hard problems. Supply-siders rose to power with Ronald Reagan and not only cured nothing but also left behind a $3 trillion debt.
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http://krugmanonline.com/books/peddling-prosperity.php