The Reagan Revolution: When Common Sense Beat ‘Expert’ Economics
The Reagan Revolution: When Common Sense Beat ‘Expert’ Economics
A Student View by Oliver Jarvis, Lilly Lauzon, A. Noel Tokarev, and Kristin Tokarev When Ronald Reagan took office in 1981, America was in trouble. Prices were rising by double digits on an annual basis. Interest rates? Nearly 20%. Unemployment? Persistently high. The Keynesian economists from the Johnson, Nixon, Ford, and Carter years had given...