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基本説明
This book addresses the low-tax, limited government approach needed to revive the American economy.
Full Description
A powerful argument for the principles and policies required to grow the American economy
Written by Patrick Toomey, president of the influential Club for Growth, this book addresses the low-tax, limited government approach needed to revive the American economy. Divided into three comprehensive parts, it skillfully contributes to the dialogue regarding the future of the American economy. Part One explains the principles and beliefs underlying a low-tax/limited government agenda; Part Two describes the legislative and policy changes required to encourage long-term economic growth; and Part Three examines why a pro-growth approach provides the best foundation for solving problems such as Social Security insolvency and generating economic opportunities for all Americans. Straightforward and accessible, The Road to Prosperity also touches upon important issues such as: expansion of free trade, privatizing Social Security, and resisting further government regulation of the economy. Timely in its prescriptions for the U.S. economy and timeless in its articulation of free market principles, this is a book that will have enormous appeal to anyone interested in economic, politics, and the current crisis in our country.
Patrick Toomey (Washington, D.C.) is President of the Club for Growth, a well-known political organization that promotes a pro-growth, low-tax, limited government agenda. Previously, Toomey was a three-term Republican congressman from Pennsylvania. He graduated from Harvard University with a degree in political philosophy.
Contents
Foreword.
Preface.
Acknowledgments.
Chapter 1 Principles of Prosperity.
The First Principle: Property Rights Ownership is the Foundation of Markets.
The Second Principle: Markets Work Let Them!
The Third Principle: Taxes and Spending The Lower the Better.
The Fourth Principle: Stable Money.
Where We Go From Here.
Chapter 2 Lessons from History.
The Federal Reserve s Great Deflation.
Herbert Hoover Intervenes.
Roosevelt s Role in Prolonging the Depression.
The Greatest Story Never Told.
How Did This Happen?
Around the World The Rise of the Celtic Tiger.
What Can We Learn?
Chapter 3 Tax Policy.
How Much to Tax.
Whom to Tax: The Distribution of the Tax Burden.
How to Tax: Be Simple, Transparent, and Neutral.
The Reform We Need.
Freedom and Prosperity.
Chapter 4 Government Spending.
Government Spending Balloons.
Earmarks and Rancid Pork.
Deficits.
Controlling Spending.
Chapter 5 Free Trade Facilitates Economic Growth.
Comparative Advantage.
The Truth About of Trade Deficits.
The Problem with Protecting Certain Industries.
The Siren Song of "Fair Trade".
Our Not-So-Hollow Economy.
Trade Actually Helps Poor Foreign Workers.
Free Trade Works.
Chapter 6 Transforming Social Security.
Personal Accounts Mean Personal Prosperity.
The Proof is in the Pudding.
The Opposition.
Chapter 7 School Choice.
The Problem: Monopoly Breeds Mediocrity.
The Solution: A Competitive Education Market.
Different Kinds of School Choice.
Milwaukee Example Design and Success.
Arguments Against School Choice Refuted.
Change We Can Believe In.
Chapter 8 The Crash of 2008.
Monetary Policy.
Greenspan s Defense.
The Legislation and Regulation that Contributed to the Crash.
Mark-to-Market.
Paulson and Bernanke Contributing to the Crisis They Were Trying to Prevent?
Writing History Matters.
Chapter 9 The 2009 Lurch Left.
Bailouts, Nationalizations, and Asset Purchases.
Mark-to-Market Accounting.
The Bankruptcy Alternative to Bailouts.
Tighten the Federal Belt Instead.
Tax Hikes.
Cut Taxes Instead.
Government-Dictated Industrial Policy Will Fail.
Denying Workers Freedom.
Slouching Toward Protectionism.
Cap and Trade (or Cap and Tax).
Conclusion.
Epilogue.
Notes.
About the Author.
Index.
