Worldwide, dependency ratios are forecast to increase dramatically in the next 50 years. A great deal of attention has been devoted to understanding the changes in fiscal policies that must' take place to accommodate these changes. In contrast, less effort has been concentrated on studying the...

National, state, and local policy makers have increasingly focused their attention on policies toward economic growth, especially efforts to raise the rate of investment. Recent studies of economic growth have raised a debate over the role played by the investment rate in the long-run...

Über Jahrtausende hinweg entsprach der Lebensstandard fast aller Menschen weltweit mehr oder weniger dem Existenzminimum, bis er Ende des 18. Jahrhunderts drastisch anstieg. Viele Nationen genießen heute beispiellosen Wohlstand, andere haben den Sprung aus der wirtschaftlichen Stagnation noch...