Killing the Sacred Cows: Bold Ideas for a New Economy

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Editorial Reviews

Publishers Weekly - Publisher's Weekly
In this clear, if brief, compilation of innovative economic proposals, Crittenden argues for more investment in education and infrastructure, and suggests we should ``accept a broader, less narcissistic definition of prosperity.'' The author, a former financial writer for the New York Times , is an exponent of what some call neoliberalism and others the ``new paradigm.'' Rather than increased taxes, she suggests the elimination of corporate tax breaks, such as those for advertising. Though it may seem politically impossible, she argues for means testing of government entitlements and of tax breaks to individuals. She proposes a ``new G.I. bill'' and a training program for former military personnel to become police officers and teachers. While Crittenden favors a Canadian-style national health insurance system, she suggests fraud enforcement would have to improve. She also discusses how to reform the banking system, how to create an ``industrial-extension service'' to advise smaller manufacturers and how to make American companies ``accept their obligations to their own country.'' Crittenden's accounts are sometimes too sketchy, however, as when analyzing welfare reform and education. (Jan.)
Library Journal
The recent U.S. presidential campaign contained one driving substantive issue: the revival of the domestic economy and the best method to achieve it. This book's publication is appropriately timed as it represents a resource guide of ideas for reforming and restimulating the American economy. Crittenden has masterfully used her position as a financial writer for the New York Times , Fortune , and other periodicals to assemble ideas concerning economic reform that she characterizes as the best and boldest that have been postulated. She deals with public school improvement, job training for noncollege American youth, and more effective consumer protection. Unfortunately, her chapter on healthcare reform is rather uninspired, more or less summarizing the positions of the three 1992 candidates. Crittenden or her editors may also have made a tactical mistake by placing the chapter on taxation first. The inherent dryness of this (important) topic might keep some readers from going further. Nevertheless, all serious readers interested in economic policy should give this book their careful attention.-- Gene R. Laczniak, Marquette Univ., Milwaukee
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Product Details

  • ISBN-13: 9780140173215
  • Publisher: Penguin Group (USA) Incorporated
  • Publication date: 12/15/1992
  • Pages: 224
  • Product dimensions: 7.00 (w) x 5.00 (h) x 1.00 (d)

Table of Contents

I Two Ways to Cure the Deficit 1
II How to Invest a Victory Dividend 39
III How to Rebuild the Country 52
IV Health Care: The Best Solutions 69
V Children: It's Their Turn 83
VI Education: The Best Choices 94
VII Volunteering 109
VIII The Banks: How to Create a Democratic Money System 115
IX A New Deal for Small Companies 134
X Housing: How to Put a Roof over Every Head 142
XI Consumer Power 149
XII Community Power 159
XIII You Can Take Your Pension with You 177
XIV What to Do about Welfare 182
XV Growth and Equity: Two Sides of the Same Coin 195
Notes on Sources 213
Index 226
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