Publisher's Synopsis
David Stockman was the architect of the Reagan Revolution meant to restore sound money principles to the US government. It failed, derailed by politics, special interests, welfare, and warfare. Here, Stockman describes how free markets and democracy have long been under threat in America and provides a nonpartisan catalog of the corrupters and defenders. His analysis overturns the assumptions of Keynesians and monetarists alike, showing how both liberal and neoconservative interference in markets has proved damaging. Over time, crony capitalism has made fools of us all, transforming Republican treasury secretaries into big-government interventionists and populist Democrat presidents into industry-wrecking internationalists.
