Friday, November 05, 2004
My Hatchet Job on Reagan
True story: When I was in high school, my aunt showed me the Statistical Abstract of the U.S. and I thought it was the coolest thing ever. I was amazed to see that federal revenues really did go up under Ronald Reagan. But then I started crunching the numbers, and my intellectual honesty forced me to conclude that the '80s were not a true test of supply-side principles. I drew on this experience for this article.
Posted by Bob Murphy at 2:05 PM