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Magical Tome

Cover of The age of austerity
First published
2012
Publisher
Edward Elgar
Pages
214 pages
ISBN
9781781951446

The age of austerity

The outer archives are busy

by Thomas J. Schoenbaum

About this book

The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the country's aging infrastructures; and (3) mortgage relief to revitalize the nation's housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth.

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