His favorable opinions of Louis Farrakhan made me stop reading him after a while, though.
Rest in peace, Mr. Wanniski.
Jude was a good guy. Sorry to hear this.
His favorable opinions of Louis Farrakhan made me stop reading him after a while, though.
Rest in peace, Mr. Wanniski.
Very sad news, but thanks for letting us know. R.I.P.
Guess I'll have to take my marching orders from Lew Lehrman now.
Saddam is sad
Oh, how sad. Such an interesting thinker.
Sad to hear that a free market hero moved on.
We can all hope that he is now in a better place.
RIP.
But, at the same time, may I ask, what does a "principled conservative" do writing for al Jazeera and praising Farakhan?
I think he was a great man, an American visionary whose work truly made the world a better place. His legacy includes lifting up the less fortunate in this country, and, increasingly, around the world. That's a lot for a man.
He will be missed.
Sad news on the death of a staunch conservative.
What a shame. He was required to learn about in my college economics classes along with Milton Friedman.
Jude Wanniski, founder and chairman of Polyconomics, Inc., is a world-renowned political economist whose 1978 book The Way the World Works was named one of the 100 most influential books of the 20th Century by the editors of the National Review. At the heart of the book is his 1978 discovery of the cause of the 1929 stock market crash, a discovery that vindicates the classical economics, which had been blamed for the Crash and the Great Depression. It was during his tenure as Associate Editor of The Wall Street Journal – 1972 to 1978 – that he coined the phrase "Supply-side Economics," which puts classical theory into modern garb. He was an advisor to Ronald Reagan from 1978 to 1981, and designed the Reagan tax cuts that propelled the U.S. economy out of stagflation and led to the great stock market boom that followed. He has counseled Democrats as well as Republicans in the years since, pro bono, and has developed pro-growth strategies for several governments. A key to his singular success has been his use of the dollar/gold price fluctuations in understanding the risk variables that influence investment decisions. Mr. Wanniski, 67, founded Polyconomics in 1978 to advise corporate and financial strategists on the impact political events would have on the stock and bond markets and on the domestic and global economy. He and his team of analysts in Parsippany, NJ, counsel Wall Street clients who collectively manage trillions of dollars, using a unique analytical framework, that has evolved in 25 years of dramatically successful forecasting. Polyconomics was alone in attributing the Crash of 1987 to monetary errors by the Reagan Treasury and the Federal Reserve, and has been alone in warning since 1997 that the U.S. economy was suffering a rare variety of monetary deflation. Mr. Wanniski appears frequently in the broadcast and print media, and also writes weekly commentary for the Polyconomics website. His daily "Memos on the Margin" appears at Wanniski.com, and he also presides over a free, virtual "Supply-side University," which has 3000 registered students around the world. Trained in political science and communication, he brings a unique meld of experience in journalism, academia, politics and business to his audiences, demonstrating an uncommon facility in imparting efficient and profound information on the unfolding political economy. Mr. Wanniski holds a B.A. in Political Science and and M.S. in Journalism from UCLA
I read it with a smile, and couldn't get mad at it, or him. Part of it was because I felt there was no such thing as bad publicity. But part of it was because the message was written in the manner of someone regretting a silly mistake and hopeful that the young, inexperienced author would someday see the error of his ways, rather than in the manner of a bitter scold (in the manner of, say, a Paul Krugman).
He had eccentric, often unpredictable views beyond economics, but was interesting to read. And he mattered. I still have the e-mail, and am sad to hear this.
RIP Mr.Wanniski.
Wanniski was cogent, insightful, and a blast to read. I liked him precisely for the reason that many in the conservative movement passed him by. He wasn't cowed by the prevailing orthodoxy and afraid to speak. He wrote and published regularly on LewRockwell.com (a libertarian anti-war site). He was an economic genius, and although I disagreed with him on lots of issues, I would have feared to have to debate him on those very issues. He always had my respect, if not my agreement.
RIP. We lost a good man.
This is a sad day for America. He had a great influence on Jack Kemp's economic philosophy who in turn converted Reagan to supply side thinking. His book "How The World Works" should be read alonside "The Wealth of Nations".
I'm sad to hear this news. His thought-provoking writings will be missed.