Trumponomics
Audiobook & Ebook

Trumponomics by Stephen Moore | Free Audiobook

By Stephen Moore

Narrated by Adam North

🎧 8 hours and 39 minutes 📘 Macmillan Audio 📅 October 30, 2018 🌐 English
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About This Audiobook

Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn’t adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas–tax cuts, deregulation, more power to the states–with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important populist issues such as immigration reform, pressuring the Europeans to pay for more of their own defense, and keeping America first.

In Trumponomics, conservative economists Stephen Moore and Arthur B. Laffer offer a well-informed defense of the president’s approach to trade, taxes, employment, infrastructure, and other economic policies. Moore and Laffer worked as senior economic advisors to Donald Trump in 2016. They traveled with him, frequently met with his political and economic teams, worked on his speeches, and represented him as surrogates. They are currently members of the Trump Advisory Council and still meet with him regularly. In Trumponomics, they offer an insider’s view on how Trump operates in public and behind closed doors, his priorities and passions, and his greatest attributes and liabilities.

Trump is betting his presidency that he can create an economic revival in America’s industrial heartland. Can he really bring jobs back to the rust belt? Can he cut taxes and bring the debt down? Above all, does he have the personal discipline, the vision, the right team, and the right strategy to pull off his ambitious economic goals? Moore and Laffer believe that he can pull it off and that Trumponomics will usher in a new era of prosperity for all Americans.

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Quick Take

  • Narration: Adam North delivers a clean, authoritative read that suits the policy-briefing tone of the material, though he rarely varies pace to emphasize key arguments.
  • Themes: Supply-side economics, populist trade policy, Washington insider perspective
  • Mood: Confident and polemical, written to persuade rather than interrogate
  • Verdict: A useful primary source for understanding the intellectual scaffolding behind Trump’s first-term economic agenda, but readers expecting balanced analysis will need to bring their own skepticism.

I came to this one during a stretch of reading around the 2016 policy period, curious less about the politics than about the economic logic that Moore and Laffer were actually defending. I’d read enough of their separate work to know both men are serious supply-siders with long track records, even if their conclusions don’t always match their data. What I found in Trumponomics was something more revealing than I expected: not a rigorous economic treatise, but an insider’s account of how policy ideas get simplified, messaged, and sold to a candidate who had limited patience for nuance.

Stephen Moore and Arthur Laffer traveled with Trump’s 2016 campaign team, worked on speeches, and were embedded in the economic advisory circle. That proximity gives the book a texture most policy books lack. You get the feeling of a campaign in motion, of ideas being shaped and reshaped around a candidate whose instincts were often at odds with conventional conservative economics. The result is a portrait of an unusual hybrid: tax cuts and deregulation from the Republican playbook, trade protectionism and infrastructure spending borrowed from the other side, and a populist overlay that neither party had really tried before.

Our Take on Trumponomics

The central thesis is that Trump’s economic model was not incoherent but rather a coherent break from the post-Reagan consensus. Moore and Laffer argue persuasively that eight years of Obama-era policy produced stagnation rather than recovery, and that the conditions were ripe for a disruptive alternative. Their defense of the 2017 tax cuts is detailed and confident, leaning heavily on supply-side theory and historical comparisons to Kennedy and Reagan. Whether you find that convincing depends largely on your priors about how tax cuts transmit through an economy, and the book makes little effort to engage seriously with the counterarguments.

Where the authors are most interesting is in their account of the internal tensions within Trump’s economic team. The push-pull between trade protectionists like Navarro and more traditional free-market voices like Gary Cohn surfaces briefly but is never fully examined. The book was written before those tensions fully resolved, and rereading it now with knowledge of how things played out adds a layer of unintentional irony to several passages.

Why Listen to Trumponomics

This audiobook works best as a primary source document. If you want to understand what Trump’s economic advisors believed they were doing and why they believed it would work, Moore and Laffer explain it clearly and without academic jargon. Narrator Adam North keeps the pace brisk across just under nine hours, which is the right call for material that is essentially a long policy argument. He does not try to inject drama where there is none, and the delivery suits the conversational, insider-briefing tone that Moore and Laffer adopt throughout.

One reviewer described it as a valuable read for both pro- and anti-Trump readers seeking a clear perspective, especially heading into Trump’s second term, and that framing is essentially correct. You do not need to agree with Moore and Laffer to benefit from understanding their reasoning. The book also includes a foreword from the then-Chairman of the National Economic Council, which reinforces its status as a semi-official intellectual document of the first administration.

What to Watch For in Trumponomics

The book was published in October 2018, when the tax cuts were still being absorbed and before several of the trade disputes had escalated. Some passages read as optimistic projections that subsequent events did not validate. The treatment of immigration as primarily an economic issue is compressed and will frustrate readers who want a fuller accounting. And while the authors are honest that Trump has liabilities as a leader, they do not dwell on them. This is advocacy, not analysis, and it should be received accordingly.

The climate passage that prompted one reviewer to dock a star is worth mentioning: Moore and Laffer acknowledge that cap-and-trade could theoretically have some economic impact on emissions, which a reader found objectionable from a skeptic’s perspective. It is a minor moment in the broader argument, but it illustrates how the book occasionally wanders into territory where the authors are less confident.

Who Should Listen to Trumponomics

Listen if you want to understand the supply-side and populist economic arguments that drove Trump’s first term from the perspective of advisors who were in the room. Skip if you are looking for a balanced or critical examination of those same policies. This is a book written by true believers, and its value lies precisely in that unguarded conviction rather than in any pretense of objectivity.

Frequently Asked Questions

Does the book cover Trump’s trade war with China in detail?

Only partially. The book was published in 2018 before the trade conflict with China fully escalated, so it covers the theoretical rationale for protectionism and early tariff moves but does not address the full arc of the trade war or its outcomes.

Are Moore and Laffer critical of Trump anywhere in the book?

They acknowledge Trump has personal liabilities as a leader, but the book is fundamentally a defense of his economic agenda. Critical engagement is limited and brief. The authors present themselves as advocates with insider access, not independent analysts.

How does this compare to other books about Trump’s economic policies?

It sits closer to official advocacy than to journalism or scholarship. Books like Bob Woodward’s ‘Fear’ or Philip Rucker’s accounts cover the same period with more critical distance. Trumponomics is best read alongside those for a fuller picture.

Is the economic content accessible to non-economists?

Yes. Moore and Laffer write in clear, conversational language and avoid technical jargon. The supply-side arguments are presented with historical comparisons to Reagan and Kennedy that most listeners will follow without difficulty.

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What Listeners Are Saying

★★★★★

Well written

This is a well-written, interesting, and (somewhat) easy explanation of Trump's economics. It was written before the 2020 election. I would love to see a revised edition.I recommend this read to both pro- and anti-Trump people who want a clear perspective of Trump economics, especially heading into Trump's second term.

– Wise Guy
★★★★★

When a president you don’t like is good for the American economy…

After a decade of avoiding almost all political news (some leaks through my best attempts at avoidance), I’ve recently started reading books about political figures. I find these books more informative and less stressful than watching the truncated opinionated commentary that passes for news on television these days. (I usually…

– Bookwyrm
★★★★★

Great Book, Working Together For America!

One great book to explain and clarify the methods and philosophy of Donald Trump and his economic team on how to make America great again. I’ve got a whole lot of respect for these people and what they are doing for every American. Sure people do make mistakes and things…

– Big Daddy Joe
★★★★★

“The Only Good thing about Trump is all his policies”

This well written and thought-out conversational piece written by two of Donald Trumps economicadvisers with a foreword by his present Chairman of National Economic Council needs to be read and understood by every American. Their view appears to be that Barack Obama inherited “The Great Recession” and stoked the flames…

– Hawkeye
★★★★☆

Only one problem

Great book. I almost gave it a five. The only thing they got wrong is that they implied that cop could have some impact on global warming. The book THE INCONVIENENT SKEPTIC shows with data and physics that such is not the case. I suggest the authors study that book.

– edmund a. herman
Alexandra Reed

Written by Alexandra Reed

Founder & Literary Critic