The Reagan Effect: Economics and Presidential Leadership

Transcending ideological bias, Sloan provides an utterly convincing history of the Reagan Revolution. He reveals Reagan to be a detached and uninformed leader who adopted a supply-side economics that did not work, who championed a conservative ideology that he regularly violated, who accelerated growing inequality without moral qualm, and who avoided hard choices in the mistaken belief that none was necessary. Nonetheless, Sloan lucidly argues, Reagan contributed significantly to the low inflation and revived competitiveness that delivered the remarkable prosperity of the past fifteen years.