The authors consider capital inflows into the United States and the likely consequences of a simplification of the taxation of international transactions.

Thisbookdiscusses the flaws of destination-based taxation and makes the theoretical case for origin-based taxation.

This study examines the economic consequences of the Social Security Trust Fund surpluses.

Few realize how bad the federal government's finances are, because most evaluations are based on what happened in the past--not what is likely to happen in the future.

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