The End of Prosperity How Higher Taxes Will Doom the Economy--If We Let It Happen

The authors argue that, for 25 years, the U.S. has experienced a great wave of prosperity as a result of supply-side economics, or Reaganomics. They caution that Americans risk losing their high standard of living if the policies of the past are reversed by a Democratic president.

Arthur B. Laffer, Ph.D., is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan’s Economic Policy Advisory Board, he invented the Laffer Curve and triggered a worldwide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and an MBA and Ph.D. in economics from Stanford University. Stephen Moore is a Senior Economics Writer for The Wall Street Journal editorial page, a CNBC-TV economics contributor, and a former president of the Club for Growth. Peter J. Tanous, president and CEO of Lynx Investment Advisory, is the author of numerous books about finance and investing, including Investment Gurus.