The Competition Solution by Paul London

Q: What is the book about?

A: The Competition Solution provides an in-depth look at what makes our economy thrive. Contrary to popular belief, our economic success is not rooted in tax or monetary policy. It is primarily a result of competition, which could not exist without courageous bipartisan political support. Much credit goes to the presidents who stood up against the established industries and their unions in the 1970s and allowed new upstarts to challenge them. Today, two sections of our economy remain in dire need of reform: health care and education.

Note: The author points to how we handled competitiveness issues of autos, steel, and other manufacturing industries back in the 1970s and 1980s. What happened to jobs in those industries? Well, you know...they shrunk dramatically in the interest of productivity. Healthcare (almost all types) and educational services (especially private for-profit and various related services) are the two industry sectors that are growing in a significant way in most local economies. Where does reform leave these two sectors in the future?

Read more here. Buy the book here.