Book Log 2021 #64: The Education of David Stockman by William Greider

David Stockman was the first director of the Office of Management and Budget under President Reagan, and a supply side true believer. His role put him center stage in enacting economic and tax policy that would see money "trickle down" from the richest individuals as they reinvested or spent money no longer being paid to the government.

But the reality of creating a budget often clashed with theory, which became clear in a series of interviews he conducted with Greider, who was working on a piece for The Atlantic. Most famously, Stockman noted "None of us really understands what's going on with all these numbers," one of several things he said that got him in hot water with Reagan. Stockman would become increasingly concerned with the large deficits being run up during Reagan's first time, and he'd leave the OMB in 1985.

This book is really an extended version of Greider's story (which I've linked to above). I read it in college, and picked it up again for a reading challenge where you had to re-read a book that made an impact on you. In this case, the impact is that the book confirmed for me that supply side economics is nonsense.