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9780393345452: First Principles: Five Keys to Restoring America's Prosperity
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Leading economist John B. Taylor’s straightforward plan to rebuild America’s economic future by returning to its founding principles.

Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial economic challenges, from widespread unemployment to the government’s ballooning debt. These assaults on our prosperity reflect the unintended consequences of more than a decade of government intervention in virtually all areas of the economy. Stanford University economist John B. Taylor proposes a natural and reasonable solution to our economic challenges: return to the country’s founding principles―limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework―and rekindle its economic dynamism.

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About the Author:
John B. Taylor is the Raymond Professor of Economics at Stanford University and the George Shultz Senior Fellow at Stanford’s Hoover Institution. He was Treasury Under Secretary for International Affairs from 2001 to 2005.
Review:
Taylor's latest contribution could not come at a more important moment. --U. S. Congressman Paul Ryan

A timely antidote to the gloom about the nation's future that has overtaken too many of our intellectuals. . . . Taylor is the unusual economist who, much like Hayek, has a grasp of history and appreciates the lessons it teaches.

A clear and compelling call-to-action and an important reminder of the central link between economic freedom and prosperity. --Manhattan Institute"

Taylor s latest contribution could not come at a more important moment. --U. S. Congressman Paul Ryan"

A timely antidote to the gloom about the nation s future that has overtaken too many of our intellectuals. . . . Taylor is the unusual economist who, much like Hayek, has a grasp of history and appreciates the lessons it teaches. "

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  • PublisherW. W. Norton & Company
  • Publication date2013
  • ISBN 10 0393345459
  • ISBN 13 9780393345452
  • BindingPaperback
  • Number of pages242
  • Rating

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Book Description Paperback. Condition: new. Paperback. Leading economist John B. Taylor's straightforward plan to rebuild America's economic future by returning to its founding principles. America's 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 country's founding principles of economic and political freedomlimited government, rule of law, strong incentives, reliance on markets, a predictable policy frameworkand 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 issuesthe budget, monetary policy, government regulation, tax reformand lays out in simple terms bold strategies designed to place the country on sound footing in each of these areas. Leading economist John B. Taylors straightforward plan to rebuild Americas economic future by returning to its founding principles. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780393345452

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