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The Triumph of Politics: Why the Reagan Revolution Failed, by David Stockman
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As Director of the Office of Management and Budget in the early 1980s, David Stockman was a chief architect of the Reagan Revolution—a bold plan to cut taxes and reduce the scope and cost of government. The Triumph of Politics was Stockman's frontline report of the miscalculations, manipulations, and political intrigues that led to its failure. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startling relevant to the conduct of Washington politics today.
- Sales Rank: #808378 in Books
- Published on: 2013-03-26
- Released on: 2013-03-26
- Original language: English
- Number of items: 1
- Dimensions: 8.00" h x 1.00" w x 5.00" l, 1.20 pounds
- Binding: Paperback
- 464 pages
From Library Journal
This memoir is a bitter review of Stockman's years in the Reagan Administration. It is a book with few heroes and many fools. The author claims naivete as his excuse. Although the narrative is somewhat confusing, overall, its backstage view of policymaking leaves one discouraged, even frightened by the superficiality. The book is a necessary library purchase for two reasons: the notoriety of the book and its author, and the insider's view of key policies still in place and key personalities still in power. Richard C. Schiming, Economics Dept., Mankato State Univ., Minn.
Copyright 1986 Reed Business Information, Inc.
About the Author
David A. Stockman was elected as a Michigan congressman in 1976, and joined the Reagan White House in 1981 as budget director. During nearly two decades at the Blackstone Group, where he was one of the early partners, and at Heartland Industrial Partners, a firm he founded, Stockman was a private equity investor. Born in Fort Hood, Texas, Stockman now lives in Connecticut. He is the author of The Great Deformation: How Crony Capitalism Corrupted Free Markets and Democracy.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Politics Never Change
By Phillip Skaga
The real mechanisms of legislation are clearly defined in 'Triumph'. A naif Stockman entered our national government as though there is a functional and real logic to getting things done. Instead he discovered, as perhaps many suspect, just to what extent special interests control all outcomes. The saddest part of his commentary is the simple fact that 'our' way of doing the nation's business has not changed since Reagan, nor has the appearance of changing in near future. "Act of Congress", concerning writing of the Dodd-Frank law, by Washington Post journalist Kaiser, is a more current version of the same sad story.
2 of 2 people found the following review helpful.
Should be required reading for every fan of "Trickle Down" economics.
By Charlie Van Pelt
Some reviewers have criticized the volume of economic and financial minutia in this book, and it is true that the reader is going to wade through quite a swamp of detail, but that only serves to emphasize how intractable are the problems of governing something as large as America's economy. I can only say, please take the time if you are serious about how our country's financial affairs are managed, and keep Santayana's classic aphorism in mind: "Those who cannot remember the past are condemned to repeat it.".
1 of 1 people found the following review helpful.
A Must Read
By Edward J. Barton
An entertaining and revealing look at the development and failure of the Reagan economic revolution through the eyes of his OMB director. Candid, hard hitting, easy to read and hard to put down, the book truly explores the gap between ideology and political reality. I wish more people would read this book. You would have a better understanding of why nothing changes in DC. A must read.
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