Authors: Nicolas Sanchez, Christopher Kopp, Francis Sanzari

This book provides a historical background of the American business
cycle, challenges the validity of conventional Keynesian ideology,
and presents a bold, alternative theory of how production leads to
wealth in our modern economy.

The list is long: health care, the collapsed housing market,
government over-regulation, the education crisis, unionized
workforces, and the crippling cost of U.S. foreign policy. All of
these factors are hampering the American economy, and there are no
imminent signs of improvement, despite the efforts of a new
administration. What is the key to our recovery?

The United States is mired in the aftermath of booming economic
prosperity, resembling the trouble recently experienced by the
Japanese economy due partially to similar Keynesian bailouts and
subsidies. Now more than two years into the current financial
crisis, Americans are starting to wonder if we can ever escape
the consequences of past mistakes. If our "recovery" plan
continues along the previous paths that generated economic
bubbles and unemployment, then we are destined for failure.

Destined for Failure provides a conceptual framework
previously available only to those with formal university
training. It explains the effects of government regulation,
political interference in the housing and job markets,
misallocation of resources in health and education, moral
hazard, environmental constraints, and excessive taxation.
The authors provide insight into their view of Keynesian
economics as an outdated, detrimental ideology, and take the
Bush and Obama administrations to task for budget deficits and
cronyistic subsidies and bailouts.

Highlights

* Explains why Keynesian economics and bailouts will not solve
our economic problems
* Provides a groundbreaking alternative economic theory of
growth which emphasizes productivity gains
and better information, presented in simple language accessible
to a general reading audience
* Reveals how current government interventions have undermined
incentives, market signals, accountability,
and overall prosperity
* Challenges the rationale of government-run healthcare and
the expansion of foreign wars

Download File Size:1.69 MB

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