Question on Econ Prof Martin Feldstein

[Michael Hoover]

> On Fri, 24 Nov 2000, Barry Rene DeCicco wrote:
> > What I'm interested in is his record as a supply-side economist during
> > the first Reagan administration.  I had heard that he gave a magazine
> > interview in which he confessed that supply-side economics was
> > fraudulent, and that he had only supported it because he thought that
> > the deficits it produced would lead to social spending cuts.
> 
> I think the place that argument first and most prominently appeared was in
> an interview that David Stockman gave to Harper's Magazine.  I believe it
> was while he was still Reagan's budget director, since it led to the quote
> that Reagan had taken him "out to the woodshed."
> Michael Pollak................New York City..............mpollak at panix.com

Atlantic Monthly
12/81

"The Education of David Stockman"
William Greider

http://www.theatlantic.com/unbound/flashbks/classics/stockman.htm

Michael Hoover