This is the book that chased Professor Slawson out of economics. It was universally panned when it came out, and today, from the vantage point of 20 years later, we know with certainty why. Inflation, which struck terror into the hearts of millions during the 1970's, could only be cured by draconian wage and price controls, Slawson told us. Of course, from the perspective of 20 years, we can now say that this was not needed at all. More disturbing is how the author wants to use taxation in an almost punitive way. For example, Slawson would virtually abolish all inherited wealth because he believes it's unfair to have money if you don't work. Yet, earlier in the book, he quotes Studs Terkel in Working, and tells us most people hate their jobs. So I guess Slawson wants everyone to be miserable. Everyone must work in miserable jobs. And what about the family farm or the family business? Why should the taxman take away the inherited family farm? All I can figure is Slawson must not have any kids because no father could wish such a future on his children.