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This book deals with supply-side economics and the needed reorientation it would bring to West German policy. The change, recommended after searching analysis, would add up to an overall strategy for freeing markets, for removing government-imposed distortions, and for using free-market approaches to correct distortions imposed by pressure groups. The strategy would pierce Germany’s state-supported encrustations and corporatism. It would equip the country to follow the lead of the United States and Great Britain in starting to escape from the tangle in which taxes, regulations, and unemployment have grown in step. The impending completion of the European internal market in 1992 adds urgency to this task.
