I'm only a third of the way through and already it's worth the read. He was an Orthodox Keynsian, worked for 'New Dealers', then an Orthodox Randian ....and has praise for the role played by monetarism (Freedman) and calls Ayn Rand a Libertarian (which she would despise) and was her friend until she died in 1982. He almost became a politico under Nixon once his pragmatic 'world view' set in, but before Watergate got a taste of Nixon's schizophrenia, so disillusioned, went back to private b... (show more)

I'm only a third of the way through and already it's worth the read. He was an Orthodox Keynsian, worked for 'New Dealers', then an Orthodox Randian ....and has praise for the role played by monetarism (Freedman) and calls Ayn Rand a Libertarian (which she would despise) and was her friend until she died in 1982. He almost became a politico under Nixon once his pragmatic 'world view' set in, but before Watergate got a taste of Nixon's schizophrenia, so disillusioned, went back to private business. ... this is a fun read because this is my world he's talking about and apparently he makes some predictions at the end ;) ....

..... Now that I'm finished. It was a satisfying read although the one chapter on the 'Current Account Deficit' put me to sleep a couple of times. I'm sure for some Keynesian's he had to repeat himself a dozen times but ...
Other than that there are many things to agree with. Although published before the subprime mess came to light you can read the prediction between the lines. Makes me glad I'm back in Canada because like he suggested the immigration system is going to evade a political solution and the education system is years from a fix. Higher paid, underemployed technicians with a slightly higher capital turnover babysitting the general workforce in the industry I was in. Not the end of the world but....

So read this book and see 2030. It's no Brave New World or Brilliant Achievement, just 2.5% productivity growth, 4.5% inflation, 10% prime rate, and 175% of 2006 GDP ;) (show less)