Mired in a long, crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, America faces substantial challenges, exacerbated by a dearth of vision and common sense among its leaders. John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the country's founding principles of economic and political freedom and reconstruct its economic foundation from these proven principles. Channelling his high-level experience as both a policymaker and a researcher, Taylor then zeroes in on current policy issues - the budget, monetary policy, government regulation, tax reform - and lays out in simple terms bold strategies designed to place the country on sound footing in each of these areas.
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John B. Taylor is the Raymond Professor of Economics at Stanford University and the George Shultz Senior Fellow at Stanford's Hoover Institution. He served as Treasury Under Secretary for International Affairs from 2001 to 2005.
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