Magazine December 7, 2009, Issue

Revolutionary Road

Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity, by Brian Domitrovic (ISI, 368 pp., $27.95) & The New American Economy: The Failure of Reaganomics and a New Way Forward, by Bruce Bartlett (Palgrave Macmillan, 272 pp., $28)

 

When Arthur Laffer left Stanford University in 1967, he was on a swiftly rising professional trajectory. He finished his dissertation and received his Ph.D. in 1972, but, between 1969 and 1972, he published eight papers in top economic journals, including the distinguished American Economic Review and Journal of Political Economy. He spent a year plus at the Brookings Institution and was one of the youngest people ever tenured at the University of Chicago.  Only the rarest of talents achieve such instant success. Laffer’s  top-tier publication output in his first years out of graduate school was about double that of  the

To Read the Full Story
Kevin A. Hassett served in the Trump administration as a senior adviser to the president and is a former chairman of the Council of Economic Advisers. He is the senior adviser to National Review's Capital Matters, a new initiative focused on financial and economic coverage, and is the Vice President of the Lindsey Group.

In This Issue

Articles

Politics & Policy

Steele Trap?

‘Michael is new. He’s had a learning curve.” Katon Dawson, chairman of the South Carolina Republican party, rendered that judgment about Michael Steele, the chairman of the national party, last ...
Politics & Policy

Overloaded and Sinking

In June 2005, after months of fierce debate over Social Security reform, the chairman of the National Governors Association (NGA) issued a sobering prediction. “Long before Social Security goes bankrupt,” ...
Politics & Policy

Rise of an Epithet

To “teabag” or not to “teabag”: That is not the most pressing question of these times, but it is a question to consider. Routinely, conservative protesters in the “tea party” ...

Features

Politics & Policy

Jihad, Inc.

As we struggle to come to terms with the Fort Hood massacre, the first thing to do — if we want to prevent such terrorism from becoming a regular event ...
Politics & Policy

Energy Tea

For conservatives, the populist question is front and center once again.  It began last year with divergent reactions among conservative elites to John McCain’s selection of Sarah Palin as his running ...
Politics & Policy

Conserving Liberalism?

That conservatism rejects much of contemporary liberalism is clear enough. Yet many conservatives speak favorably of “liberal democracy” and its defense. Indeed, they sometimes seem to speak this way more ...

Books, Arts & Manners

Politics & Policy

Secret Service

The period since the collapse of the Soviet Union has not been kind to the dozens of Americans accused of collaboration with Soviet intelligence during the 1930s and 1940s. Each ...
Politics & Policy

The Mobility Agenda

Back in the heady days of July 2007 — shortly after the White House celebrated National Homeownership Month, and before the term “subprime mortgage” became ubiquitous in our political discourse ...

Sections

Politics & Policy

Letters

Editorial Audit In the “Week” section of the November 23 issue, the paragraph about the new-homebuyers credit is quite misleading. If one looks at the testimony of IRS Deputy Commissioner for ...
Politics & Policy

The Week

‐ Apparently he confused the emperor of Japan with Andy Stern. ‐ Sarah Palin’s book, Going Rogue, arrived on the scene with the force of a three-megaton explosion. It’s not a ...
The Long View

The Long View

November 18, 2010 LARRY KING: From Apalachicola, Florida! Hello! CALLER: Hello, Larry. I’d like to ask the sheik . . . LARRY KING: Do we call you “Sheik”? What’s the protocol here? And ...
Politics & Policy

Poetry

  THE LATE JANE AUSTEN’S NIECE EVENTUALLY DESTROYS THE MANUSCRIPT OF HER OWN NOVEL   The paper cringes in the heat; The ashes flake off sheet by sheet. The oldest child in her worn dress Is ...
Happy Warrior

Gray Mountain State

  As longtime readers know, the Demographic Deathwatch is not a novelty dance craze but a recurring feature of this column. But it’s not just for Europe, Russia, China, and Japan ...

Recommended

The Latest