On the Other Hand: Essays on Economics, Economists, and Politics - Paperback

by Herbert Stein (Author)

This is a compelling and clear-eyed collection of essays where veteran economist Herbert Stein draws on 56 years of firsthand experience in Washington to examine economic growth, poverty, employment, taxes, deficits, monetary and fiscal policy, and the role presidents and their advisers play in shaping American economic policy, offering witty, refreshingly independent perspectives on Keynesian economics, laissez-faire thinking, supply-side economics, and the ideas of figures like Adam Smith and Milton Friedman that refuse to fit neatly into any ideological camp.

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.

Back Jacket

The period was almost equally dived between democratic and Republican administration... Shave not seen that any of them had a monopoly on wisdom or folly''.