Free Market Lies: How Reaganomics expanded inequality and crushed stability for working families
Forty-two years ago, Ronald Reagan launched America into a great social, economic, and political experiment. It was based on the 1940s utopian thinking of a handful of conservative economists and promised to bring peace and prosperity to the entire world through a magical thing they dubbed the “free market.” Reagan and his Vice President GHW Bush, who initially called it “Voodoo Economics,” became true believers, as did Bill Clinton, George W. Bush, and Barack Obama. And, it turns out, it was based on a lie and has produced an utter disaster for America. This experiment — called neoliberalism, but...
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