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The End of Prosperity

Now available in paperback with a new updated chapter, this timely book by three distinguished economists delivers an urgent message: Americans risk losing their high standard of living if the pro-growth policies of the last twenty-five years are reversed by a new president. Since the early 1980s, the United States has experienced a wave of prosperity almost unprecedented in history in terms of wealth creation, new jobs, and improved living standards for all. Under the leadership of Presidents Ronald Reagan and Bill Clinton, Americans changed the incentive structure on taxes, inflation, and regulation, and as a result the economy roared back to life after the anti-growth, high-inflation 1970s. Now, America is moving away from these growth policies and putting its prosperity at risk. Laffer, Moore, and Tanous provide the factual information every American needs in order to understand exactly how we achieved the prosperity many people have come to take for granted, and explain how the policies of Democrats Barack Obama, Hillary Clinton, and Nancy Pelosi can cause America to lose its status as the world growth and job creation machine. This book is essential reading for all Americans who value our nation's free enterprise system and want to know how to protect their own investments in the coming storm.
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About the Author

Arthur B. Laffer, Ph.D., is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan's Economic Policy Advisory Board, he invented the Laffer Curve and triggered a worldwide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and an MBA and Ph.D. in economics from Stanford University. Stephen Moore is a Senior Economics Writer for The Wall Street Journal editorial page, a CNBC-TV economics contributor, and a former president of the Club for Growth. Peter J. Tanous, president and CEO of Lynx Investment Advisory, is the author of numerous books about finance and investing, including Investment Gurus.


"Frankly, I think supply-side economics is snake oil. But you should know how three of its smartest proponents try to defend it in this influential and important book." -- Robert Reich "Fair warning! No one can say, 'No one told us this would happen.' Art Laffer, Steve Moore, and Peter Tanous have done just that with this brilliantly insightful book. Read it -- and act!" -- Steve Forbes "This book focuses on the greatest economic issues of our time. While I have very different views, it's through careful debate and full understanding that we can make progress. This book is a must-read." -- Joe Kennedy, former congressman from Massachusetts "At a time when economies around the world are going wobbly, this insightful and timely book reminds us of the principles and the policies which America will need to employ to restore stability and prosperity." -- Lady Thatcher , prime minister of the United Kingdom 1979-1990

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