The Little Black Book has been one of the most popular books written in the economic development genre, and as such it is due an update and refresh. This second edition will bring it more current with our current economic conditions. It remains the Clandestine Science and practical art of rebuilding local economies as a practitioners guide to economic development at the local economy level.

The Greatest American economic development stimulus policy to create prosperity and renewed growth and much needed jobs would be the abolishment of the current tax code in favor of a new hybrid flat and fair tax code. Holbrook demonstrates how this new tax code would be equitable and fair to all Americans. His argument is that with the elimination of personal taxes and a new three layer tax code built on the pay as we go principal of consumption taxes, corporate gross revenue taxes, coupled with excise, import and licensure fees the U.S. would have the lowest tax environment in the world with...