John Fund
Business & Economics
The Triumph Of Optimism
You call this a crisis? Think back nearly 30 years ago. When Ronald Reagan took office the country’s economy was in a shambles—inflation was running into the double digits, growth had stagnated and the top marginal tax rate was 70%. Meanwhile, the Soviet Union, bristling with imperial designs and nuclear ...
John Fund
September 3, 2009
The Triumph Of Optimism
You call this a crisis? Think back nearly 30 years ago. When Ronald Reagan took office the country’s economy was in a shambles—inflation was running into the double digits, growth had stagnated and the top marginal tax rate was 70%. Meanwhile, the Soviet Union, bristling with imperial designs and nuclear ...