Building prosperity : why Ronald Reagan and the Founding Fathers were right on the economy

Author(s)
    • Heck, Gene W.
Bibliographic Information

Building prosperity : why Ronald Reagan and the Founding Fathers were right on the economy

Gene W. Heck

Rowman & Littlefield, c2007

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Note

Includes bibliographical references (p. 225-241) and index

Description and Table of Contents

Description

Throughout history, civilized advance has been propelled by man's pursuit of profit motive and financed by "surplus capital" won in that pursuit. Success or failure in amassing such capital, in turn, has invariably been a function of the economic and legal frameworks within which that quest has taken place. Working from this premise, Building Prosperity focuses upon the crucial role of profit earned through self-motivation-unfettered by excessive taxation and regulation-in freeing mankind from mere subsistence to the exploration of science, literature, and the other arts that constitute cultural progress. Using both this history and the guidance of America's founders, Heck makes the case for more prudent public stewardship-tax and regulatory reform, advanced technological development, and education-designed to preserve the nation's traditional economic strengths, enhance its modern global trade competitiveness, and ensure that the 21st century will again be an "American Century."

Table of Contents

Chapter 1 Introduction: Building Twenty-first Century Governance for the Twenty-first Century New Economy Part 2 Part I. In Quest of "Economic Man" Chapter 3 1. Reflections on the Opportunity Costs of Failing to "Seize the Moment" Chapter 4 2. "Economic Man" and the Quest for Capital Gain Part 5 Part II. "Overarching Issues" Chapter 6 3. Why Bureaucracy Is Costly Chapter 7 4. Why Regulatory Costs Matter Chapter 8 5. Why Tax Levels Matter Chapter 9 6. Why Global Trade Competitiveness Matters Chapter 10 7. Why "Tech-Based" Development Matters Chapter 11 8. Education and the Technology Development Process Part 12 Part III. "Responsible Remedies": An American Agenda Chapter 13 9. What Doesn't Work Chapter 14 Epilogue Chapter 15 Appendix: The American Competitiveness Agenda Chapter 16 Bibliography

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