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The Cross and Reaganomics: Conservative Christians Defending Ronald Reagan, by Eric R. Crouse, offers important insights on why Reaganomics was a major reason conservative Christians supported Reagan at the polls. On election night in November 1980, Americans witnessed the victory of a conservative to the presidency. With the United States experiencing economic stagnation and high inflation, many were hopeful of Ronald Reagan’s deeds matching his optimistic rhetoric of America’s potential. What followed was a decade of economic transformation, military buildup, and a political awakening of conservatism. One story that has not received much attention is the relationship between conservative Christians and Ronald Reagan’s economic policies. Crouse argues that conservative Christians were among the strongest champions of limited government, free enterprise (particularly small business), and anticommunism. A surprising number of conservative Christian leaders discussed the works of major free market economists. Conservative Christians embraced and tapped into the traditional American values of individual opportunity, personal responsibility, and human freedom—all themes they believed were front and center in Reaganomics. Although American pluralism prevented any plan to Christianize the nation by politics, in the sphere of economics conservative Christians did witness political and cultural gains.
As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives have clung to for decades. In The New American Economy, Bartlett goes back to the economic roots that made Impostor a bestseller and abandons the conservative dogma in favor of a policy strongly based on what's worked in the past. Marshalling compelling history and economics, he explains how economic theories that may be perfectly valid at one moment in time under one set of circumstances tend to lose validity over time because they are misapplied under different circumstances. Bartlett makes a compelling, historically-based case for large tax increases, once anathema to him and his economic allies. In The New American Economy, Bartlett seeks to clarify a compelling and way forward for the American economy.
Reaganomics has become one of the most talked about economic theories in modern economics--but what exactly is it? If you don't quite get ecomics, but want to know why it's so important, then this book is for you! This puts the idea of trickle-down economics in an easy to read format and helps you understand all the key concepts.
The best guide yet to the practical aims and consequences of Reaganomics.--Philadelphia Enquirer
Across the political spectrum, disgruntled Americans have two things in common: Reaganomics as an economics policy has caused most of their economic problems; Reaganomics as a political strategy has rendered their government dysfunctional. Reaganomics vs the Modern Economy defines the modern economy including the critical contributions of the public sector. It describes the history of political frustrations and resistance to government that led to Ronald Reagan's election. We learn how market forces, not Reaganomics, ended stagflation in the 1980s. But confusion and Reagan's personal popularity continue to produce unworkable policies. The five categories of government economic functions are determined by inadequacies in private sector markets: total market irrelevance, internal market defects, predominant market insufficiency, acute market insufficiency, and general market insufficiency. The public sector must be a component of our modern economy if we are to overcome inadequate employment, the effects of income and wealth maldistribution, the excessive influence of the financial sector, and unaffordable health care and post-secondary education and training. Michael Gilbert shows how we can reduce dissension and division in the country by implementing policies that meet the requirements of our modern economy. The failures of Reaganomics are our guide for what not to do Book jacket.
Examining the theoretical underpinning of Reaganomics and the New Federalism, the first section looks at the history of its implementations during President Reagan's first two years in office, focusing on how Reagan's economic theories adapted to the political realities. Section II describes the ways in which Reagan has come into conflict with Federal regulations and the Federal payroll. Section III deals with the effects of the new policies on different socio-economic groups. The last section discusses the future of Reaganomics.
"Reaganomics" was the most ambitious attempt to change the course of American economic policy of any administration since the New Deal. In this lively, well-informed account, William Niskanen describes in detail the formulation of the Reagan economic program, the internal debates, the effects of this program on the economy, and the probable future of the Reagan economic initiative. A distinguished economist who served on the Council of Economic Advisers from 1981 to 1985, Niskanen was at the forefront of the Reagan revolution--as a supporter and internal critic, as a participant in and witness to many of the critical decisions that shaped this program. He provides here an authoritative, first-hand account of American economic policy in the 1980s.