First Principles: Five Keys to Restoring America's Prosperity

By John Brian Taylor

Book Overview

America's economic future is uncertain. Mired in a long crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, the nation faces substantial challenges, exacerbated by a dearth of vision and common sense among its leaders. Prominent Stanford economist John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the country's founding principles of economic and political freedom--limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework--and reconstruct its economic foundation from these proven principles.

Channeling his high-level experience as both a policymaker and researcher, Taylor then zeroes in on current policy issues--the budget, monetary policy, government regulation, tax reform--and lays out in simple terms bold strategies designed to place the country on sound footing in each of these areas.

• Format: Hardcover
• Language: English
• ISBN: 0393073394
• ISBN13: 9780393073393
• Release Date: January 2012
• Publisher: W. W. Norton & Company
• Length: 235 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.9" x 5.7" x 8.3"