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CRS84798Lpage27
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/November-December 1983 even to large tax cuts. —i These issues about the timing morflarisxs’ and supply-Sidtffi and tactics of supply—side eco- think ‘hm the), would bc wise to I nomics are only part of the general spend somc time with this debates. Of great concern to those book. [:3 atthe conference was the conduct of monetary policy. Frank Morris (President of the Atlanta Fed) and Alan Reynolds (Chief Economist
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to those who are horrified by the inflexibil- ity of government by constitutional amendment. But to them, their book pre- sents an obvious and useful challenge: If you don’t buy its ideas, come up with a better way of putting economic policy back on the right track. To this reviewer, the Friedmans’ most persuasive case is for a constitutional amendment to reform the tax system. The 16th Amendment, ratified
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