Robert Reich's latest book, Supercapitalism , has been on the back of mind for some time since it came out. Every time I'd go in Borders, I'd always grab it and skim through parts of it with the intention of buying it. Well, I finally got it the other day and am about to plow through it. Tyler Cowen seems to be reading it already and has lots of positive things to say about it...as I expected Dr. Cowen would.

As I stated in a previously blog, I really do like Reich . This will be the second book by him to make my night stand. I also tend to like Clinton's guys. They make for good reading. A really worthwhile book by a Clinton guy, especially for liberals, is The Pro Growth Progressive By Gene Sperling. I read this book while I was in the very early stages of transitioning from liberal to libertarian. Indeed, had I not read it, I probably would have shifted FASTER. Both Reich and Sperling have an admirable way of trying to enact positive economic change WITHOUT ignoring or disregarding important ideas that seem foreign to much of the liberal base. In this respect, their work is greatly appreciated by me.

Guys like Reich and Sperling, among others from the Clinton team, represent a school of thought and policy within Modern Liberalism that is in serious danger of being supplanted by more dogmatic activist thinking that seeks to accomplish nice goals through impracticable or dangerously counter-productive means.

Anyway, Tyler Cowen's post, which includes a short excerpt from Reich's book, is a quick read and has some interesting links for supplemental reading.

oh heck, here's the Reich quote:

Finally, I will come to some conclusions you may find surprising -- among them, why the move toward improved corporate governance makes companies less likely to be socially responsible. Why the promise of corporate democracy is illusory. Why the corporate income tax should be abolished. Why companies should not be held criminally liable. And why shareholders should be protected from having their money used by corporations for political purposes without their consent.

I look forward to reading about it and will share some thoughts on the book's ideas at a later date.