The Growth Experiment
How Tax Policy Is Transforming the U.S. Economy

  • Title:

    The Growth Experiment
  • Hardcover ISBN:

    0465027504
  • 272 Hardcover pages

This title is currently out of print, but online booksellers sometimes have used copies available. See links below.

This book analyzes the effect of the Reagan tax cuts on tax revenues, the budget deficit, inflation, and the economy.

Lawrence B. Lindsey is a visiting fellow at AEI.

"An authoritative argument for the tax cuts of the Reagan years...one of the most cogent and knowledgeable of the supply-side advocates...provides us with what is likely to stand as the most credible and coherent supply-side account of the revolution in U.S. tax policy that triumphed in the 1980s."--Peter Truell, Wall Street Journal

"A rigorously analytical book that refutes [the] objections to lower taxes. Let's hope official Washington reads it and carefully applies its lessons."--Lawrence Kudlow, Fortune

"A spirited supply-sider's defense of Reaganomics . . . [and] a call for radical new tax reform."--Howard Gleckman, Business Week

"A careful and sometimes convincing defense of the 1981 tax cut that put fear and loathing into the heart of the economic establishment. . . . Lindsey is the sort of Reaganite liberals as well as conservatives could learn to work with, if not love. One reason to read The Growth Experiment is to get a look at the best face of supply-side economics."--Peter Passell, New York Times Book Review

"This book adds to the growing evaluation of Ronald Reagan's presidency, particularly in regard to its economic legacy. Lindsey, a former Harvard economics professor who is now associate director of domestic economic policy for the White House's Office of Policy Development, analyzes the 1981 tax cuts and, not surprisingly, argues that the economic impact of the cuts is positive and long-lasting. He sets forth an exhaustive examination of how the tax cuts legitimized supply-side expectations--lower tax rates, he says, provided the incentive for people to work longer hours in order to save, spend, or invest the increased earnings. This book will be useful for specialists and scholars."--Scott Hill, University of California, Davis

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About the Author

 

Lawrence B.
Lindsey
  • Lawrence B. Lindsey has held leading positions in government, academia, and business. He has been assistant to the president and director of the National Economic Council at the White House. He also served as a governor of the Federal Reserve System, special assistant to the president for domestic economic policy, and senior staff economist for tax policy at the President's Council of Economic Advisers. Mr. Lindsey taught economics at Harvard University and is currently president and CEO of the Lindsey Group. He is the author of Economic Puppet Masters (AEI Press, 1999) and The Growth Experiment (Basic Books, 1990).
  • Phone: 7032183950
    Email: llindsey@aei.org

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Wednesday, April 23, 2014 | 12:00 p.m. – 1:30 p.m.
Graduation day: How dads’ involvement impacts higher education success

Join a diverse group of panelists — including sociologists, education experts, and students — for a discussion of how public policy and culture can help families lay a firmer foundation for their children’s educational success, and of how the effects of paternal involvement vary by socioeconomic background.

Thursday, April 24, 2014 | 12:00 p.m. – 1:30 p.m.
Getting it right: A better strategy to defeat al Qaeda

This event will coincide with the release of a new report by AEI’s Mary Habeck, which analyzes why current national security policy is failing to stop the advancement of al Qaeda and its affiliates and what the US can do to develop a successful strategy to defeat this enemy.

Friday, April 25, 2014 | 9:15 a.m. – 1:15 p.m.
Obamacare’s rocky start and uncertain future

During this event, experts with many different views on the ACA will offer their predictions for the future.   

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