Herbert Stein examines the events, policies, and personalities that have shaped our economy for a half century. After tracing the development of economic theory from the Keynesian revolution of the 1930s to the supply-side r...

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Herbert Stein examines the events, policies, and personalities that have shaped our economy for a half century. After tracing the development of economic theory from the Keynesian revolution of the 1930s to the supply-side revolution of the 1980s, he offers a critique of Reagan's "economics of joy." In the new chapters in this edition, Stein brings his analysis up to date with commentary on both the Bush and Clinton approaches to the economy.

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