SUPPLY-SIDE SLEEPER
At first glance, Supply-Side Economics: A Critical Appraisal (University Publications of America; 488 pages; $27.50) seems arcane and forbidding. But look again. As edited by Richard Fink of George Mason University in Virginia, this new collection of essays by 25 economic experts turns out to be a lively debate on supply-side theory and on its application in Ronald Reagan's Washington.
These ruminations are not marked by an excess of politesse. Nobel Laureate James Tobin, for example, has some scorching opinions about the current Administration. Reaganomics, Tobin declares, has little to do...
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