POSTPONED: Monica Prasad, Professor of Sociology, Northwestern University

Monica Prasad
Date & Time Apr 30 2020 12:15 PM - 1:20 PM
Monica Prasad
Audience Open to the Public



Monica Prasad's areas of interest are political sociology, economic sociology, and comparative historical sociology. Her new book Starving the Beast asks why Republican politicians have focused so relentlessly on cutting taxes over the last several decades--whether the economy is booming or in recession, whether the federal budget is in surplus or deficit, and even though total taxes in the U.S. are already lower than in other developed countries. Drawing on archival documents that have never before been seen, Prasad traces the history of the famous 1981 "supply side" tax cut which became the cornerstore for the next several decades of Republican domestic economic policy. She argues that the main forces behind tax cuts are not business group pressure, racial animus, or a belief that tax cuts will pay for themselves. Rather, the tax cut movement arose because in America--unlike in the rest of the advanced industrial world--progressive policies are not embedded within a larger political economy that is favorable to business, a situation whose origins she explored in a prior book (The Land of Too Much).  

Prasad's scholarship has won several grants and awards, including the Fulbright award, the National Science Foundation Early Career Development Grant, the Guggenheim Fellowship, and several book and article awards.