A Bible for Supply-Siders

While preparing the Administration's economic policy in recent weeks, many Reaganauts have been reading a new book that tries to lay the intellectual foundation for their promised "new beginning." David Stockman, President Reagan's Budget Director, bought 30 copies and sent them to Administration aides. Says he: "It's the best thing written on economic growth in about 15 years." The book causing the stir is Wealth and Poverty (Basic Books; $16.95) by George Gilder, 41, a sociologist-turned-economist, who once wrote speeches for Nelson Rockefeller.

In a broad look at societies from the Kwakiutl Indians in British Columbia to the blacks of Albany, N.Y.,...

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