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The New American Economy

The Failure of Reaganomics and a New Way Forward

Bruce Bartlett

Palgrave Macmillan Trade

As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives have clung to for decades. In The New American Economy, Bartlett goes back to the economic roots that made Impostor a bestseller and abandons the conservative dogma in favor of a policy strongly based on what’s worked in the past. Marshalling compelling history and economics, he explains how economic theories that may be perfectly valid at one moment in time under one set of circumstances tend to lose validity over time because they are misapplied under different circumstances. Bartlett makes a compelling, historically-based case for large tax increases, once anathema to him and his economic allies. In The New American Economy, Bartlett seeks to clarify a compelling and way forward for the American economy.


REVIEWS

Praise for The New American Economy

Praise for The New American Economy:
 
"Among today's conservatives, only Bruce Bartlett would have the courage and unconventionality to embrace John Maynard Keynes, much less to champion a big new tax. But here's the thing: he's right. Anyone seeking a new way forward for conservatism or the economy needs to start here."--Jonathan Rauch, National Journal
 
“Bruce Bartlett, who took the measure of President Bush in his New York Times bestseller, Impostor, has written another highly useful winner:  The New American Economy.  In this short, tough-minded and often amusing book, he lays out what the Obama Administration is doing to the economy and tells why it will work.”—Richard Whalen, Senior policy adviser to Ronald Reagan and author of The Founding Father: The Story of Joseph P. Kennedy
 
"Bartlett is the rarest of all creatures: an honest conservative economist. He was one of the original supply-siders in the Reagan administration. However, he pursued it as economic policy, not religion, which meant that he changed his views when things did not turn out exactly as planned. Readers of all political perspectives will find this book valuable. It is a serious account of the economic history of the post-World War II era and provides thoughtful prescriptions on the way forward."--Dean Baker, Co-Director, Center for Economic and Policy Research
 
Praise for Wrong on Race: The Democratic Party's Buried Past:
 
“Bartlett's chronicle of the Democratic Party's sordid past…offer[s] illuminating evidence that, despite great marks of progress, race's stranglehold on the nation's collective conscious remains as strong as ever.” –Washington Post Book World
 
Praise for Impostor: How George W. Bush Bankrupted America and Betrayed the American Legacy:
 
"It's a fairly devastating indictment of the current administration's economic policies from a conservative-to-libertarian perspective."--Chris Suellentrop, The Washington Post
"Liberal commentators gripe so frequently about the current administration that it's become easy to tune them out, but when Bartlett, a former member of the Reagan White House, says George W. Bush has betrayed the conservative movement, his conservative credentials command attention."--Publishers Weekly
Praise for Bruce Bartlett:
 
“Bruce Bartlett has long been one of Washington’s most searching, thoughtful, and uncompromisingly candid economic analysts.” —E. J. Dionne Jr., author of Stand Up Fight Back and Why Americans Hate Politics

Reviews from Goodreads

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ABOUT THE AUTHOR

  • Bruce Bartlett

  • Bruce Bartlett is an economic historian who has spent the last 30 years working in politics and public policy. He has served in numerous governmental positions, including as a domestic policy adviser to President Ronald Reagan and a treasury official under President George H.W. Bush. He is a weekly columnist for Forbes.com. and has written for The New York Times, Wall Street Journal,  National Review, Commentary, and Fortune. He is also a frequent guest on The NewsHour with Jim Lehrer, Lou Dobbs' Moneyline, NBC Nightly News, Nightline, Crossfire, Wall Street Week, CNN, CNBC, and Fox News Channel, among others.

  • Bruce Bartlett
    Bruce Bartlett
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Available Formats and Book Details

The New American Economy

The Failure of Reaganomics and a New Way Forward

Bruce Bartlett

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