Books by David Alan Stockman

The author is David A. Stockman, and the subtitle is Why the Reagan Revolution Failed .  This is for me a re-read, all DOGErs and aspiring DOGErs should give this book an initial read, as it covers why the Reagan attempts to pare back government largely failed.  Excerpt:

I am a big fan of The Triumph of Politics , for its understanding of American government, but in this book I disagree with too many of the key points.  The author likes “sound money” and dislikes “easy money” yet this position is never really argued for.  Fiat money is responsible for a very large number of ills but of course financial crises and bubbles are hardly new.  Consistently, the author knows to vilify Milton Friedman.  He is an explicit liquidationist of the kind you thought Brad DeLon...