Martin Anderson, a key adviser to Ronald Reagan, leaves behind a lasting legacy.
By Peter Roff • U.S. News
As an economist and political scientist, Martin Anderson was a man without peer. A senior fellow at Stanford University’s Hoover Institution since 1971, he did much to advance the cause of freedom as expressed in his love of big ideas.
Many credit the case he made against mandatory conscription inside the White House as a special assistant to former President Richard Nixon as an invaluable, perhaps even decisive contribution to the campaign to end the draft, which Nixon did in 1973 as the war in Vietnam was winding down.
In the late 1970s and early 1980s, Anderson was a key adviser to Ronald Reagan, helping him formulate a successful economic policy that permitted the liberation of American capital through tax cuts that, when combined with declining interest rates and a stable monetary policy, triggered an economic boom that led the world out of a long recession and laid the groundwork for the West’s ultimate victory in the Cold War. [Read more...]