First Principles: Five Keys to Restoring America’s Prosperity

Placeholder author icon
By John B. Taylor ’68

Published Jan. 21, 2016

(W.W. Norton & Co.) This book presents a straightforward plan to rebuild America’s economic future by returning to its founding principles of economic and political freedom, as manifest in limited government, rule of law, strong incentives, reliance on markets, and a predictable policy framework. It also zeros in on current policy issues. Taylor is the Raymond Professor of Economics at Stanford University, and was Treasury Under Secretary for International Affairs from 2001 to 2005.

Paw in print

Image
The cover of PAW’s February 2025 issue, featuring a photo of Frank Stella leaning back with his hands behind his head.