Objective, readable, and witty,
Herbert Stein resists being pigeon-holed as liberal or conservative,
as a member of any of the "schools" that warp the vision of
many economists. In On the Other Hand, he gives a fresh view,
derived from fifty-six years of participating in and observing
Washington economics, of the economic policy and economic talk of our
time.
He examines contemporary growth, poverty,
employment, taxes, and deficits; discusses the role of presidents and
their advisers in the formation of economic policy; and assesses the
ideas of economists whose theories have influenced economic practice.
The New York Times calls Stein "a
leader among...economists and one of his profession's most lucid and
succinct writers."
Herbert Stein, a senior fellow at the American
Enterprise Institute, is former chairman of the President's Council of
Economic Advisers. He is the A. Willis Robertson Professor of
Economics Emeritus at the University of Virginia.