» » First Principles: Five Keys to Restoring America's Prosperity

Download First Principles: Five Keys to Restoring America's Prosperity fb2

by John B. Taylor

Download First Principles: Five Keys to Restoring America's Prosperity fb2
Author: John B. Taylor
ISBN: 0393073394
Language: English
Pages: 240 pages
Category: Politics & Government
Publisher: W. W. Norton & Company; 1 edition (January 23, 2012)
Rating: 4.1
Formats: txt lit lrf docx
FB2 size: 1870 kb | EPUB size: 1472 kb | DJVU size: 1617 kb
Sub: Politics

Taylor's First Principles, or Five Keys, are listed and partially expanded in his first chapter . With these keys established as themes, I expected the book's structure to follow them even though "Incentives" was only partially introduced.

Taylor's First Principles, or Five Keys, are listed and partially expanded in his first chapter: Predictable Policy Framework, Rule of Law, Strong Incentives, Reliance on Markets, and Clearly Limited Role of Government. He expands on the first and last two, but he fails to expand Strong Incentives. He equates these principles to economic freedom, and in turn to economic success. The Table of Contents should have warned me otherwise.

First Principles book. Goodreads helps you keep track of books you want to read. Start by marking First Principles: Five Keys to Restoring America's Prosperity as Want to Read: Want to Read savin. ant to Read. America’s economic future is uncertain. Mired in a long crippling.

Leading economist John B. Taylor’s straightforward plan to rebuild America’s 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 government’s 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.

In this book, John B. Taylor proposes a more systemic approach to formulating and executing policies .

Taylor demonstrates that periods of American economic prosperity have been fostered by policy that is focused on long-term goals and devoid of Keynesian activism that has characterized periods of subpar economic growth. Taylor’s straightforward plan to rebuild America’s economic future by returning to its foundin. More by John B. Taylor. The Road Ahead for the Fed. John D. Ciorciari. Books related to First Principles: Five Keys to Restoring America's Prosperity. End This Depression Now! Paul Krugman. Rules for International Monetary Stability.

John B. Taylor proposes a natural and reasonable solution to our economic.

Download First Principles: Five Keys to Restoring Americas Prosperity or any other file from Books category. Stanford University economist John B. Taylor proposes a natural and reasonable solution to our economic challenges: return to the countrys founding principles limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework and rekindle its economic dynamism.

Электронная книга "First Principles: Five Keys to Restoring America's Prosperity", John B. Эту книгу можно прочитать в Google Play Книгах на компьютере, а также на устройствах Android и iOS. Выделяйте текст, добавляйте закладки и делайте заметки, скачав книгу "First Principles: Five Keys to Restoring America's Prosperity" для чтения в офлайн-режиме.

In his new book, First Principles: Five Keys to Restoring America's Prosperity, Stanford University .

In his new book, First Principles: Five Keys to Restoring America's Prosperity, Stanford University professor of economics John B. Taylor is the Raymond Professor of Economics at Stanford University and the George Shultz Senior Fellow at Stanford's Hoover Institution. He was Treasury Under Secretary for International Affairs from 2001 to 2005.

Leading economist John B. Taylor’s straightforward plan to rebuild America’s economic future by returning to its founding principles.

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.
Comments (7)
Friert
This is a disturbing book but everyone should review the facts not from the media spin or from an administration that tell falsehoods, coverups and uses deception but from those who were involved at the time. A person might reject this book but only if they have an extreme bias and want to ignore history. Of course the view is presented with a perspective but it is factual and one that is ignored and smothered mostly by the press and our government.
Soustil
I bought John Taylor's "First Principles: Five Keys to Restoring America's Prosperity" because George Schulz recommended it to Mitt Romney.

I found the book a strong testament to the principles of Friedman and Hayek. Taylor's First Principles, or Five Keys, are listed and partially expanded in his first chapter: Predictable Policy Framework, Rule of Law, Strong Incentives, Reliance on Markets, and Clearly Limited Role of Government. He expands on the first and last two, but he fails to expand Strong Incentives. He equates these principles to economic freedom, and in turn to economic success.

With these keys established as themes, I expected the book's structure to follow them even though "Incentives" was only partially introduced. The Table of Contents should have warned me otherwise. The book's structure is narrative, describing the how and why of our present economy with heavy emphasis on the role of Keynesian principles and interventions. Prescriptions for solutions are embedded in each narrative chapter. Although Taylor cites economic freedom frequently as motivation, he consistently misses opportunities to reiterate and reinforce, or thread, the five component themes of his title and first chapter into his narrative chapters. (For more on threading themes, go to [...].)

The title of the final paragraph in the last chapter is "What Can Be Done?" This was Taylor's last, and lost, opportunity to return to his five themes. The prescriptive answer to this question is buried in each of the previous narrative chapters. It's a fine book for the narratives that contrast Friedman's and Hayek's principles with Keynes' principles and with current policies. I would have found the book more useful and powerful if Taylor had threaded his themes.
JoJolar
A concise guide to evaluate the Trump administration's governance. Taylor's five principles are easily understood logical roadmap to reverse the Obama's administration's trend to Statism and European Socialism.
Pringles
Interesting perspective on the conditions necessary to get our economy on a more sustainable and prosperous path. These principles include fiscal conservatism, limited government and simple, consistent tax policy. Even if you don't agree with the author's premise the book provides a basis for understanding the main operating philosophy of The Heritage Foundation and The Tea Party.
Fonceiah
easy to read and understand .. of course having read some of his other books I got what I was expecting. Wish there were more people like him in positions of authority in Washington instead of the spend happy folks we hear so much from these days. He would have made a good FED chairman.
Yalone
this text is a very useful companion to the MOOK course. J. Taylor presented the course in a thorough and understandable manner. I recommend both the course(Stanford) and the text.
Cargahibe
If you want to gain perspective of the two primary economic theories and understand how they impact you, take the time to read Stanford's John B Taylor's book. Then find out which Presidential candidate aligns with sound fiscal policy with a long run approach to stay the course.
I might not have taken one or two economics courses, lived in eight countries, worked in 20 countries, analyzed 50 countries professionaly, and can attest that if only the American Public had read John Taylor's books perhaps America would not have spent our national treasure and done the exact opposite of what is required to cure a recession, promote growth, expand exports, create jobs and let the middle class live in financial health and economic happiness.

It is clear the Obama camp did not read this book , nor my fellow alumni, the Secretary of the Treasury, and unfortunately for all of us that the Romney team failed to read and comprehend the clear economic logic of this and Mr Taylor's other economic books.