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The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen
by Arthur B. Laffer, Stephen Moore, Peter Tanous
from Threshold Editions
Customer Reviews:
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Avg. Customer Rating: 4.0 / 5.0 
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Understanding the effect of taxation on the economy 
This is an exceptional book for those who relate taxes and economy. The authors with years of experience analyze in a comprehensible way the effect of high taxation on the economy. In particular, the advantages of flat taxation has been clearly and convincible demonstrated. It is wishfull thinking for our politicians to read this book and begin a non-ideological discussion on taxes. Furthermore, it is anazing to read the 180 degree turn of eastern Europe to such taxation. As Milton Freedman said " there is... more info
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They did NOT say "end of the world"; only "end of prosperity"
Fortunately for us readers, the authors did not use such a doomsday title. From the viewpoint of a US citizen, though, end-of-prosperity is ugly enough. These three authors, quite famous academic-grade finance/economic people, did do a superb job of spelling out their points in very clear language. For readers who have had to slog and struggle through "regular" works on economic systems, you will understand how important this is in choosing another book on the topic!
The style of "Prosperity" is not... more info
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Unintentional humor: Laughing at the Courtesans of Laissez-Faire.yland* 
The publication of Dr. Laffer's new book [where appropriate, I will write `Laffer' to refer to authors Laffer, Moore, and Tanous] has turned out to be perfectly timed to be greeted with the laughter it deserves: just when the economy is in serious trouble as a result of seven+ years of the Bush administration implementing Laffer's cockamamie economic theories. Whoever it was that said "Show me a supply-side economist and I'll show you an intellectual courtesan!" really hit the nail on the head. If I... more info
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Prosperity challenged
While there is more to the economy than taxes, "The End of Prosperity" offers a cogent analysis of the things government does right (increases incentives, minimizes its own role in making thisgs happen) and wrong (protective enterprises and industries of changes that should happen and regulating the financial system). The authors are pessimitic because they conclude that the age of incentivizing risk-taking through lower taxes on capital is all but at an end.
If timing is everything, the authors'... more info
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