This paper develops a comprehensive endogenous growth framework to determine the optimal mix of growth policies. The analysis is novel in that we capture important elements of the tax-transfer system and fully take into account transitional dynamics in our numerical analysis. Currently, for...

A disturbing look at the growing political, economic, and social power of China and the threat that nation poses to the Western world, this book lays out how the Chinese are strategizing to overtake the United States as the world's premier economic power--and details how our failure to respond...

"The Tax Reform Act of 1986 was a powerful pro-growth force for the American economy. Equally important, as we look back on it after 25 years, we also see that it taught us two important lessons. First, it showed that politicians with very different political philosophies on the right and on the...