This volume focuses on factors that have contributed to the deterioration of the U.S. trade balance and the erosion of American competitiveness.

What is the relationship between democratic government and a capitalist economic system?

In this volume, the author describes the changes in wages during the 1980s that led to increased rewards in schooling in the labor market.

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

A discussion of the perceived widening wage gap between skilled and unskilled workers that analyzes the implications of such a gap upon trade in the context of NAFTA.

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

The author analyzes price controls from the Federal Power Commission.

Two achievements--up the poor and animating civil society--are powerful moral claims for business corporations but schemes for corporate governance jeopardize these achievements.

Contributors discuss proposals the legislative veto, the regulatory budget, mandatory applications of cost-benefit analysis, and the Carter administration's regulatory reform initiatives.

Policymakers and observers address taxation, spending, the budget deficit, and policy formation and implementation.