From Adam Smith to the Wealth of America

Front Cover
Transaction Publishers, Jan 1, 1985 - Business & Economics - 237 pages
This book demonstrates that because the United States is enmeshed in a complexity of regulations, government debt, bureaucracy, and taxes does not mean that these policies cannot be reversed. They have been before. Rabushka describes an earlier reversal of mercantilist claims by a growing group of influential politicians influenced by Adam Smith's The Wealth of Nations. It is Rabushka's contention that Adam Smith's principles of sound money, taxes, minimal governmental regulation, and free trade have led to prosperity.
 

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Contents

Prelude to Liberal Reform
3
The Reduction of Government Spending
24
Fifty Years of Tax Reform
38
The Flowering of Economic Freedom
72
Monetary Stability The Gold Standard at Work
82
From Factions to Parties The Transformation of British Politics
93
Economic Growth and Individual Prosperity
111
Vignettes of Growth Singapore Taiwan and South Korea
149
10 What Happened to the American Dream?
181
Recipe for Prosperity
211
Appendix
229
Index
231
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