We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...

Acknowledgements -- The problem -- Where it all started -- The Swedish roots of the American welfare state -- Exporting egalitarianism to America -- Problem 1: Fiscal eugenics -- Problem 2: Slow growth -- Problem 3: Government debt -- Conclusion -- Reference list -- Index

The pivotal role of employer paid health insurance -- An alternate universe : life without the tax subsidy -- How to get there from here and also grow the economy -- Who might support or oppose our proposal? -- What else needs fixing? -- Pre-existing conditions and the individual mandate --...