Capital Commerce

24 Books Sarah Palin Should Read to Become President

By James Pethokoukis

Posted: October 6, 2008

If John McCain loses next month or wins and serves only one term, Sarah Palin is the early front-runner for the 2012 Republican nomination. (That’s why the real losers in that vice presidential debate were guys like Mitt Romney, Mike Huckabee, and Bobby Jindal.)

Palin starts with megacelebrity, a Saturday Night Live-proof magnetic personality, and a crawl-across-broken-glass base in the party among women and social conservatives. During the campaign, she has revealed some core principles: a desire to cut taxes, cut spending, win wars, and kill terrorists. A good start with GOP-ers, I would assume. But clearly she needs to flesh out her thinking a smidgen. To start that process, perhaps she should spend 2009 and 2010 reading one book a month, 24 total, on economics and foreign policy in preparation for her 2011 announcement. Here are two dozen off-the-top-of-my-head picks: 

1) The Looming Tower: Al Qaeda and the Road to 9-11 by Lawrence Wright. There is no better book about the rise of militant Islam and the threat it poses to western civilization.

2) The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen by Arthur Laffer, Stephen Moore, and Peter Tanous. A timely and cogent analysis of the risks posed to the U.S. economy by the abandonment of Reaganomics.

3) Of Paradise and Power: America and Europe in the New World Order by Robert Kagan. Shows what a fool’s errand it is to expect our Old Europe NATO allies to support our 21st-century foreign policy goals.

4) The Way the World Works by Jude Wanniski. Why are taxes such a critical element to economic performance? The late Wanniski puts their role in historical context in this seminal work of supply-side economics.

5) The Writing on the Wall: Why We Must Embrace China as a Partner or Face It as an Enemy by Will Hutton. We’re all in this together, folks, and shepherding China to full-scale democratic capitalism is critical to our economy and national security.

6) An Army of Davids: How Markets and Technology Empower Ordinary People to Beat Big Media, Big Government, and Other Goliaths by Glenn Reynolds. Lays out how technology is making Big Anything an endangered species. And, no, the bailout doesn’t change that.

7) Surprise, Security, and the American Experience by John Lewis Gaddis. Explains that the Iraq war and pre-emptive military action are firmly rooted within the American foreign policy experience.

8) Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think by Michael Mandel. Mandel expertly  illustrates the importance of technology-led innovation and productivity growth to America’s economic future. Growth is good.

9) Great Powers: America and the World After Bush by Thomas P.M. Barnett. This one isn’t out yet, but Barnett has a great track record. His general thesis: Expanded globalization and economic connectedness, with an assist from the U.S. military from time to time for security, can create a more peaceful and prosperous world.

10) The Growth Experiment: How the New Tax Policy Is Transforming the U.S. Economy by Lawrence B. Lindsey. A forgotten classic on the power of the Reagan tax cuts. It shouldn’t be.

11) The Empty Cradle: How Falling Birthrates Threaten World Prosperity and What to Do About It by Philip Longman. Why pro-natalist policies are important to U.S. economic growth and how they can be constructed.

12) Crisis of Abundance: Rethinking How We Pay for Health Care by Arnold Kling. Though you would never know it from reading and viewing the MSM, there are free-market approaches to healthcare reform. This is a great place to start.

13) Winning the Oil Endgame by Amory B. Lovins. Washington elites love to act like energy independence is a fantasy. Lovins shows it isn’t.

14) Grand New Party: How Republicans Can Win the Working Class and Save the American Dream by Ross Douthat and Reihan Salam. Not only a great history of the American conservative movement but a blueprint for a more family-focused GOP.

15) Cowboy Capitalism: European Myths, American Reality by Olaf Gersemann. Why big-government Old Europe hasn’t found the magic economic formula.

16) The Pro-Growth Progressive: An Economic Strategy for Shared Prosperity by Gene Sperling. The liberal approach to economic growth. If Obama wins, expect more than a few of the ideas in this book to pop up.

17) The Moral Consequences of Economic Growth by Benjamin M. Friedman. Why good growth helps makes good societies. That’s right--economists, at least some of them, are doing the Lord’s work.

18) The Third Century: America's Resurgence in the Asian Era by Joel Kotkin. This was written in 1988, but its insights about America and what makes us great are still relevant.

19) The Audacity of Hope: Thoughts on Reclaiming the American Dream by Barack Obama. Know your opponent, of course.

20) The World Is Curved: Hidden Dangers to the Global Economy by David Smick. Thoroughly lays out the risks to globalization and the prosperity it brings.

21) American Abundance: The New Economic & Moral Prosperity by Lawrence Kudlow. A hymn to everything that is right and good with America and democratic capitalism.

22) The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability by William W. Lewis. Why are some nations rich and others not? It’s all about productivity. This book is a must-read on the topic.

23) On the Wealth of Nations: Books That Changed the World by P. J. O'Rourke. A funny dissertation on the ur-economics book.

24)  Dutch: A Memoir of Ronald Reagan by Edmund Morris. It is the best book on Ronaldus Maximus out there.

Wow.

Should I comment on people misspelling "numbskull" who are disparaging other people's intelligence? Too easy.

I like another comment: "The problem with most of the Republican ideas is that they are based on people doing the right thing given the chance, and people never do the right thing, especially when it comes to money."

Wow. I think Stalin felt the same way. Look at those stupid plebes spending their own money the way they want. Something Must Be Done!

Cadogan West of NC @ Oct 08, 2008 11:39:30 AM

Political Realities

What is hard for every American, or foriegner for that matter, to comprehend is the policies and plans of Democrats and Republicans don't fit entirely into each prospective voter's profile, unless of course you're a hopeless follower. Understandably, we tend to lean one side or the other but if we're not able to weigh all aspects of each ticket and find redeeming qualities within them then I think we're missing some of the principles this country was founded on. For example, it's not hard to see the economic downfall of this Bush administration and we would really hate to see it continue however, it's hard to muster support of third term abortions.

In any event, it's hard to point figures at people who may or may not have the experience you crave. Realistically, our VP candidate on the Republican ticket and our Democratic presidential hopeful both have appeal to the average blue collar family and yuppies but both still have a lot to learn. Thankfully they're both paired with gentlemen who have many years of experience in Washington with bipartisan support.Let's also remember that the president has a tremendous amount of reinforcements within the White House not many decisions are made on one's own. In GW's case let's all say a prayer for speech writers, shall we?

This is an important election, as they all are so let's really weigh what policies are important to each of us and what moral and economic issues we deem important and make our decision based on facts, not on how our parents voted or what's popular. Let's spend a little more time studying and a little less time bashing. After all, I don't see your names on either ticket.

Jennifer of NM @ Oct 06, 2008 14:08:32 PM

Books & Sarah Palin

Lot's of luck with the reading program. Sarah Palin is a NUMBSCULL. Not only that but, she is a dangerous one. She has no concept of the words "honesty & integrity". You republicans better wake up and see exactly how she is making you all look like NUMBSCULLS.

Mary " I'm no NUMBSCULL" of CA @ Oct 06, 2008 13:35:21 PM

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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