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And not only Reagan: From Rudy Giuliani and Newt Gingrich to Mitch Daniels and Paul Ryan, the most effective conservative politicians have always heeded Kristol's admonition that "you can't beat a horse with no horse," and the policies they've championed--from supply-side economics to welfare reform to Ryan's famous Roadmap-have generally sought to reform rather than abolish the post-New Deal edifice.
Supply-side economics | Perhaps Quiggin's biggest disdain is reserved for what he calls "trickle-down economics.
By 1980, the case for supply-side economics had been so widely disseminated that Ronald Reagan was able to claim that "he could simultaneously reduce taxes, increase defense spending and balance the budget because of greater revenues the tax cuts would generate" (p.
However, this chapter does discuss certain basic and universal concepts, the components of the microeconomic theory (such as consumer behavior and price elasticity based on demand) and macroeconomic theory (such as Keynesianism, Monetarism, rational expectations, supply-side economics, government fiscal and monetary policies, inflation, and interest rates).
which ironically launched supply-side economics when President Reagan's tax cuts went into effect in 1983.
As with supply-side economics generally, though, the numbers don't quite justify the story (just 31,000 of the 9 million Swedes belong to evangelical churches--one-third of 1 percent) or make the case that the supply of new churches generates new churchgoers.
This is clearest in the show's celebration of supply-side economics, where visitors can scan barcode simulations of credit cards to access flattering descriptions of the founders of Wal-Mart and VISA.
It was Mr Balls who coined the tortuous phrase "post-neoclassical endogenous growth theory" to sum up - to much hilarity - Mr Brown's belief in supply-side economics.
Mundell, an economist at Columbia University, Wanniski championed supply-side economics in editorials he wrote for the Journal and made a name for himself as an influential economic thinker.
The "trickle-down" theory of supply-side economics has never worked and never will.
We can show how supply-side economics ignores Christ's call to place the poor at the forefront of our endeavors.
Wanniski midwifed supply-side economics, was the first Marxist to work as an editor of the Wall Street Journal editorial page, and is author of The Way the World Works (Gateway).