The authors of this volume challenge the common perception that the removal of old distortions from the tax system would seriously hurt segments of the economy.

In the midst of general euphoria over a new and seemingly increasing federal budget surplus,this bookoffers a guide to this new situation.

The authors describe how proposed tax reforms would affect corporate financial policy and summarize economists' knowledge of the magnitude of those effects.

This book provides an analysis of ways to raise national saving and domestically financed investment.

Is consumption the key to fostering economic growth and labor productivity?

Four distinguished authorities examine the implications of the Budget Enforcement Act for federal budget policy.

Top economists provide much-needed guidance--and some surprising conclusions--in response to rising public concerns about inequality in the U.S. tax system.

Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.

Because two disparate clients demand loyalty from Fannie Mae and Freddie Mac, these government-sponsored entities must fulfill two ultimately irreconcilable roles.

The author concludes that fiscal policy is a more potent countercyclival tool than monetary policy under flexible exchange rates.