This forcefully argued book offers a provocative picture of the political, intellectual, and economic forces that have shaped the history of the United States from its founding to the present day. Offering an extensive and in-depth critique of laissez-faire doctrine and a novel reformulation of...

The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...

Focuses on three key criteria for fostering broadly shared economic growth: enhancing economic security, building a highly skilled work force, and reforming the tax system. Proposals include reforming unemployment insurance, improving incentives for retirement saving, building quality into each...