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STEPHEN MOORE is a Distinguished Visiting Fellow at the Heritage Foundation and former editorial board member of the Wall Street Journal. His recent books include An Inquiry into the Nature and Causes of the Wealth of States: How Taxes, Energy, and Worker Freedom Change Everything, with Arthur B. Laffer (Wiley, 2014) and Who’s the Fairest of Them All?: The Truth about Opportunity, Taxes, and Wealth in America (Encounter Books, 2012).
What happens when a leading conservative economist goes mano a mano with today’s most influential exponent of left-liberal economics, over free markets versus government interventionism? Here are highlights of that showdown between Stephen Moore of the Heritage Foundation and Paul Krugman, Nobel laureate.
This book explores what it means for our economic system and our economic results to be “fair.” Does it mean that everyone has a fair shot? Does it mean that everyone gets the same amount? Does it mean the government can assert the authority to forcibly take from the successful and give to the poor?
In his first nine months in office Barack Obama has pursued the most aggressive government expansionist agenda since Franklin Roosevelt’s new deal was launched in 1933. White House chief of staff Rahm Emanuel summarized the Obama first-year game plan best: “An economic crisis is a terrible thing to waste.”