Description
This book examines growth, poverty, employment, taxes, and deficits; and discusses the role of presidents, their advisers, and economists in the formation of economic policy.
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Objective, readable, and witty, Herbert Stein resists being pigeon-holed as liberal or conservative, as a member of any of the "schools" that warp the vision of many economists. In On the Other Hand, he gives a fresh view, derived from fifty-six years of participating in and observing Washington economics, of the economic policy and economic talk of our time.He examines contemporary controversy over economic growth, poverty, employment, taxes, and deficits; discusses the role of presidents and their advisers in the formation of economic policy; and assesses the ideas of economists whose theories have influenced economic practice.
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