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Focusing on the supply-side structural reform in China, this book investigates the impetus, implementation strategy, initial results and theoretical underpinnings of the revolution, assessing its significance in perfecting China's socialist market economic system.
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One of the most durable myths of US political economy is that we take from the rich and give to the poor—penalizing the rich for their hard work and rewarding the undeserving. Mark Mattern turns that story on its head. Documenting the everyday, institutionalized ways that income and wealth are transferred upward in the United States, Mattern shows how in fact the bottom subsidizes the top. His provocative analysis, describing in detail the processes and policy choices that systematically favor the rich, is both a tale of “Robin Hood in reverse” and a call for a more equitable, democratic political economy.
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Macroeconomics --- Public finance --- Supply-side economics.
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Supply-side economics. --- Supply-side economics --- History --- Laffer, Arthur B. --- Reaganomics --- Economics --- Production (Economic theory)
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Conservatism --- Conservatism --- Liberty --- Social choice --- Supply-side economics --- Supply-side economics
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