First Principles
by John B. Taylor
2020-12-30 00:40:07
Leading economist John B. Taylorâs straightforward plan to rebuild Americaâs economic future by returning to its founding principles. Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial...
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Leading economist John B. Taylorâs straightforward plan to rebuild Americaâs economic future by returning to its founding principles. Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial economic challenges, from widespread unemployment to the governmentâs ballooning debt. These assaults on our prosperity reflect the unintended consequences of more than a decade of government intervention in virtually all areas of the economy. Stanford University economist John B. Taylor proposes a natural and reasonable solution to our economic challenges: return to the countryâs founding principlesâlimited government, rule of law, strong incentives, reliance on markets, a predictable policy frameworkâand rekindle its economic dynamism.
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