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Expertly combining the latest economic research with his insider knowledge of the budget process into a simple yet compelling narrative, he unmasks the tax mythologies and false arguments that too often dominate contemporary discourse about budget policies. Large quantities of comparative data are succinctly distilled to situate the United States among its peer countries, so that readers can judge for themselves whether contemporary budget choices really reflect our aspirational fiscal soul. Kleinbard's presentation takes a multi-disciplinary approach, drawing on economics, finance, law, political science and moral philosophy. He uniquely weaves economic research and moral philosophy together by emphasizing our welfare, not just our national income, and by contrasting the actual beliefs of Adam Smith, a great moral philosopher, with the cartoon version of the man presented by proponents of the most extreme forms of private market triumphalism.
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By Working Mom on 01-09-15
Masterfully written, informative and provocative
I would recommend everyone to read this book regardless of one's political view. At a minimum, it helps to make one a better informed citizen even if one disagrees with the author's ideologies and political leaning.
Professor Kleinbard has done a masterful job succinctly introducing, analyzing and critiquing a rich body of research in economics, philosophy, and social and fiscal policies and forcefully presented his view on how and why we could and should do better. The book is surprisingly readable and even entertaining at times.
It is refreshing to hear the voice of the Dutch uncle (or Don Quixote?). The book is well organized and informative. And can one dare to hope that it may be possible to generate enough voice to pull the national away from the fiscal jerkdom, even just a little?
Grateful that the book is eventually made available as an audiobook. Mr. Johnson did a nice job reading this very long book on a very serious topic, once I got pass his way of saying EBITDA in Chapter 1. I did hear the voice of reason and persuasion often, although not quite the unbridled enthusiasm of Professor Kleinbard. Once in a while the voice seemed to drift into simply reading but overall, Mr. Johnson's performance was quite engaging.
The audiobook comes with a reference guide containing all the figures and tables that can be downloaded from the Audible website.
An exhilarating listen!
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