Seeds of Destruction Is Everything That Washington Policymaking Is Not: !

Hubbard $26.99 U.S. / $31.99 CANADA ............................... ............................................................ ! Government policy and the Obama Glenn Hubbard Peter Navarro administration are driving the American economy straight toward catastrophe. Now, Glenn Hubbard, “Seeds of Destruction is everything that Washington policymaking is not: ! ................................................................ two respected economists—one a Republican, sober, lucid, reasoned, timely, bipartisan, and constructive.” Navarro Dean of Columbia one a Democrat—explain why these policies Business School, served —Douglas Holtz-Eakin, President of the American Action Forum and former Foreword by Amity Shlaes are so dangerous and offer a bipartisan, in the Bush White Director of the Congressional Budget Office (2003–2005) Bestselling Author of THE FORGOTTEN MAN common-sense blueprint for reversing House from February America’s economic decline. 2001 until March 2003 “Glenn Hubbard and Peter Navarro combine their unique experiences in government and politics Glenn Hubbard and Peter Navarro explain as the Chairman of the with their crystal-clear economic insights to produce a lively and compelling account of the origins ........ why sustained growth is the only long-term Council of Economic of the financial crisis and the problems now plaguing the American economy. The book convincingly solution, outline the elements of a vibrant explains how government policy planted the seeds of destruction and how a change in government economy, and explain why current policies are Advisers and the OECD’s Economic Policy SEEDS OF policy can root them out and plant the seeds of prosperity. Their diagnoses and remedies failing on every level. They reveal how we can Committee. He also was the Deputy should be read, studied carefully, and applied.” finally restore the critical U.S. manufacturing Assistant Secretary of the U.S. Treasury base…return to our tradition of sound money —John B. Taylor, Mary and Robert Raymond Professor of Economics, Stanford University, SEEDS OF Department for Tax Policy from 1991 to …transform tax policy into an engine of and former Undersecretary of the Treasury for International Finance 1993. His commentaries appear frequently growth and innovation…save Social Security and Medicare with “tough love”…use in the “Nightly Business Report,” “A thoughtful and politically provocative diagnosis of America’s economic ills.” market-based solutions to achieve real energy “Marketplace,” The Wall Street Journal, independence…reform antique financial and the Financial Times. —Kenneth S. Rogoff, coauthor, This Time is Different, and Thomas D. Cabot regulations without making matters worse... Professor of Public Policy, Harvard University DESTRUCTION and balance our burgeoning budget deficits ............................... with strong economic growth rather than “This book is a ‘must-read’ for all persons who are concerned about our economic future. It shows the through punitive taxation. Peter Navarro disastrous folly of our current economic policies and, more important, it lays out the proper policies to DESTRUCTION Whatever your politics, if you’re frightened achieve a sound and prosperous economic future.” is a business professor about the future, you should be. This book at UC Irvine, CNBC —John Cogan, Professor at Stanford University and former shows how we can grab the steering wheel, contributor, and a widely Deputy Director of the Office of Management and Budget veer away from the cliff, and build a brighter sought-after speaker. economic future for everyone. He has appeared on “In this dramatic nonpartisan book, Glenn Hubbard and Peter Navarro lay out the true roots of the Short-term stimulus, current troubles. They then open their hands and show ‘seeds of prosperity,‘ a new set of policies that Bloomberg TV and radio, long-term disaster can, if planted, make the economic garden grow even more dramatically than it did in the past. CNN, NPR, and 60 Minutes. His books Why massive federal spending and ultra-easy No pair of authors is more qualified than these to undertake this.” include Always a Winner and The Coming money policies spell long-term disaster China Wars. www.peternavarro.com —From the Foreword by Amity Shlaes, bestselling author of ............................... The Forgotten Man: A New History of the Great Depression Planting the new seeds of growth and innovation ............................................................ How to restore America to the path of Cover image: Jeffrey Smith / iStockphoto long-term prosperity Economics Why the Path to Economic Ruin Runs ............................... ISBN-13: 978-0-13-702773-6 Addressing the structural ISBN-10: 0-13-702773-7 imbalances destroying 52699 Through Washington, and the U.S. economy Re-igniting the #1 driver of growth: 9 780137 027736 www.ftpress.com | An imprint of Pearson www.ftpress.com | An imprint of Pearson How to Reclaim American Prosperity business investment.

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