David A. Stockman isthe ultimate Washington insider,
starting a career in Washington in 1970, when he served as a
special assistant to US Representative, John Anderson of Illinois.
In the early seventies he was executive director of the US House of
Representatives Republican Conference and was elected as a Michigan
congressman in 1976 before joining the Reagan White House in 1981.
Serving as budget director, he was one of the key architects of the
Reagan Revolution plan to reduce taxes, cut spending, and shrink
the role of government. He joined Salomon Brothers in 1985 and
later became one of the early partners of the Blackstone Group.
The author ofThe Triumph of Politics, Stockman has numerous New
York Times bestsellers under his belt.Born in Ft. Hood, Texas, he
attended Michigan State University and Harvard Divinity School and
then went to Washington as a congressional aide in 1970. He lives
with his wife Jennifer Blei Stockman, and they have two daughters,
Rachel and Victoria. Helives & works in New York City and
Miami.
"Stockman has become one of the nation's most steadfast and
eloquent crusaders against the corrupt merger of state and
corporate power." --Robert F. Kennedy Jr. "David Stockman is one of
the most astute observers of the tragic and unnecessary implosion
of our economy, monetary system, and society in general." -Ron
Paul, Host of Ron Paul Liberty Report "Stockman . . . points to the
only way out: sound money, open markets, and a restoration of
fiscal sanity."--Jeffrey Tucker, Founder, Brownstone Institute
"With price inflation upon us with a vengeance, David Stockman is
here to reveal who did it [and] how dangerous it could
get."--Thomas E. Woods, Jr., New York Times Bestselling Author
Praise for THE GREAT MONEY BUBBLE: PROTECT YOURSELF FROM THE COMING
INFLATION STORM by David A. Stockman "To learn what's really behind
inflation listen to David Stockman." --DICK MORRIS, New York Times
Bestselling Author of THE RETURN "With price inflation upon us with
a vengeance, David Stockman is here to reveal who did it, how
dangerous it could get, and what you should do to protect
yourself." --THOMAS E. WOODS, JR., New York Times Bestselling
Author "Stockman . . . points to the only way out: sound money,
open markets, and a restoration of fiscal sanity. Civilization
ignores this book at its peril." --JEFFREY TUCKER, Founder,
Brownstone Institute "Stockman has masterfully diagnosed the cancer
that the Federal Reserve has embedded in our financial markets,
which have become, as Stockman artfully writes, 'a coiled spring of
irrational exuberance and momentum chasing.' Couldn't have said it
better myself." --WILLIAM D. COHAN, Former Wall Street Banker and
New York Times Bestselling Author of House of Cards and Power
Failure "David Stockman is one of the most astute observers of the
tragic and unnecessary implosion of our economy, monetary system,
and society in general. I urge everyone to read this important new
book." --RON PAUL, Host of Ron Paul Liberty Report "Read this book
if you want to protect yourself from inflation, get the inside
story on stock market manipulations, the liquidity crises and
so-called 'monetarism.'" --WALTER BLOCK, Harold E. Wirth Eminent
Scholar Chair in Economics in the College of Business at Loyola
University "How politics mixes with central bank and the financial
sector to provide a toxic brew of bad money, bad policy, and a
fragile economy teetering on the edge of economic disaster." --RYAN
McMAKEN, Senior Editor, Mises Institute
Praise for New York Times Bestseller The Great Deformation: The
Corruption of Capitalism in America by David A. Stockman "His
rhetoric in a recent New York Times op-ed piece ignites like Seal
Team Six coming at you, flash grenades exploding, assault weapons
blazing. No wonder he triggers wild angry, hatred and revenge. Yes,
he's a truth-teller. And truth hurts, flushing out his enemies.
Why? They're sucking trillions from Americans. So you hate him.
Counterattack. Big mistake. Don't dismiss David Stockman. He's no
Kim Jong-Un blow-hard." -- Washington Post "Stockman devotes some
of the book to the past five years, joining multiple previous
authors who have presented their nominations for the villains and
heroes of the 2008 economic collapse. As a book critic and
investigative reporter, I have absorbed a dozen of those previous
books. Stockman's is my favorite because of his original research,
the context he presents (starting with the economic depression of
the 1930s), his former insider status, and his apparent political
non-partisanship during the endeavor." -- Steve Weinberg, USA Today
"I'd read this book 10 times before I read another possible
presidential candidate's memoir of how his Real American Story
schooled him in the Audacity of Hope. ...a coherent vision of a
World Without the Fed." -- David Weigel, Slate "In The Great
Deformation, David Stockman - former US congressman and budget
director under Ronald Reagan - tells the story of the recent
crisis, and takes direct aim at the conventional wisdom that
credits government policy and Ben Bernanke with rescuing Americans
from another Great Depression. In this he has made a seminal
contribution. But he does much more than this. He offers a
sweeping, revisionist account of US economic history from the New
Deal to the present. He refutes widely held myths about the Reagan
years and the demise of the Soviet Union. He covers the growth and
expansion of the warfare state. He shows precisely how the Fed
enriches the powerful and shelters them from free markets. He
demonstrates the flimsiness of the present so-called recovery.
Above all, he shows that attempts to blame our economic problems on
"capitalism" are preposterous, and reveal a complete lack of
understanding of how the economy has been deformed over the past
several decades...Thanks to The Great Deformation, not a shred of
the regime's propaganda is left standing. This is truly the book we
have been waiting for, and we owe David Stockman a great debt." --
Paul B. Farrell, MarketWatch "This thought-provoking book will
contribute to important debates on these issues." -- Booklist
"Stockman performs a real service when he debunks the myths that
have been associated with Reagan's conservatism and promotes
Eisenhower's fiscal and military conservatism.... Stockman
forcefully conveys enormous amounts of knowledge." -- Kirkus
Reviews "Stockman produces a persuasive and deeply relevant
indictment of a system dangerously akilter.... What Stockman has
written is a book that makes clear we are that future generation of
the past, inheritors of all the wishful thinking, simple illogic
and flawed compromises that produced the near-term benefits our
parents and grandparents worried about but ultimately wanted. And
now it's payback time." -- LewRockwell.com
"This is a history book. It's a detailed account of the key events
since the Depression that have shaped modern finance. I love
history, and I'm familiar with those events. Stockman's spin on
financial history makes for a very good read. There's something for
everyone." -- Bruce Krasting "For anyone whose economics are
Austrian, and who agrees with Stockman that crony capitalism and
corruption have led both fiscal and monetary policies into a cycle
of ever-increasing stimulus and ziggurats of debt, The Great
Deformation is gloomily persuasive - and bodes ill for the future."
-- Reuters Breakingviews "Agree with Stockman or not, one can't
deny that he's a colorful writer!" -- Townhall.com "Stockman,
veteran of the Reagan White House and Wall Street, offers his
self-described polemic, a wide-ranging indictment of the American
government-economic complex; free markets and democracy have been
under long-term attack, and the author explains why we have myriad
problems, perhaps intractable. He indicates the book "contains much
original interpretation of financial and public policy events and
trends of the last century, even a revisionist framework." Stockman
concludes his lengthy controversial argument with: "the cure . . .
is to return to sound money and fiscal rectitude and to correct the
great error initiated during the New Deal . . . . In pursuing
humanitarian purposes the state cannot and need not attempt to
manage the business cycle or goose the free market with stimulants
for more growth and jobs; nor can it afford the universal
entitlements of social insurance. Its job is to be a trustee for
citizens left behind, maintaining a sturdy, fair and efficient
safety net." This thought-provoking book will contribute to
important debates on these issues." --Mary Whaley, Booklist
Praise for New York Times BestsellerThe Triumph of Politics: Why
the Reagan Revolution Failed by David A. Stockman
"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, Library Journal
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