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Four a Year?
I love Reagan's stories, and Mankiw cites Stockman for one, yesterday: The starting point for Ronald Reagan was the idea that people respond to incentives. The incentives that he most worried about were those provided by the tax system. According to his budget director, David A. Stockman, Mr. ...
First they came for the hostages in Iran...
First they came for the hostages in Iran...
fivefeetoffury.com — And we all wore nasty "Ayatollah" t-shirts and (eventually) voted for Reagan, and the hostages got freed.... But then they came for the Marines in Beirut, and even Reagan did nothing, because they were Muslims, and we had to be nice to them, or they'd keep killing us. Then they came for ... (more) First they came for the hostages in Iran...
How Ronald Reagan Changed My Life: Peter Robinson: Books
amazon.com — Conservatives, exult! Robinson's self-help/memoir/Reagan hagiography is an All I Really Need to Know I Learned in Kindergarten... for right-wingers. The former White House speechwriter and author of It's My Party: A Republican's Messy Love Affair with ... (more) How Ronald Reagan Changed My Life: Peter Robinson: Books
Ronald Reagan
whitehouse.gov — At the end of his two terms in office, Ronald Reagan viewed with satisfaction the achievements of... his innovative program known as the Reagan Revolution, which aimed to reinvigorate the American people and reduce their reliance upon Government. He felt ... (more) Ronald Reagan
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Ronald Reagan's Response to the Incentives of the Tax Structure
The Monkey Cage — ... people respond to incentives. The incentives that he most worried about were those provided by the tax system. According to his budget director, David A. Stockman, Mr. Reagan would regale the staff with stories of how he, as an actor, used to alter his work schedule in response to the tax code.“You could only make four pictures, and then you were in the top bracket,” Mr. Reagan would say. “So we all quit working after four pictures and went off to the country.” Jon Bernstein: The great thing about Reagan’s stories isn’t that ...

links for 2009-11-08
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Jonathan Bernstein: Did Reagan Really Make Only Four Pictures a Year Because His Marginal Tax Rates Were too High? Economist: Seven questions for Dan Froomkin ...

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