Question on Econ Prof Martin Feldstein

Barry Rene DeCicco bdecicco at umich.edu
Sun Nov 26 07:41:03 PST 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.

Michael Pollak wrote:
>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."

Thanks. I've got Stockman's book, and will look for that incident.

Barry



More information about the lbo-talk mailing list