Prospects for economic growth in the United States / edited by John W. Diamond, Rice University, George R. Zodrow, Rice University.

Format:

Book

Contributor:

Diamond, John W., editor.

Zodrow, George R., editor.

Language:

English

Subjects (All):

Economic development--United States.

Economic development.

Income distribution--United States.

Income distribution.

Fiscal policy--United States.

Fiscal policy.

United States--Economic conditions--21st century.

United States.

United States--Social policy--21st century.

United States--Economic policy--21st century.

Physical Description:

1 online resource (xxv, 354 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2021.

Summary:

Although economic growth has historically been an engine of prosperity in the United States, recent trends have generated uncertainty regarding the prospects for sustaining such growth. Economists disagree about the relative importance of many factors affecting future growth, including rapid technological advances, immigration, the growth of the financial sector, problems with the educational system, increasing income inequality, an aging population, and large fiscal imbalances that have not been addressed by the political system. This collection of chapters, authored by many of today's leading economists, addresses the prospects for economic growth in the United States over the next few decades. During a time of great economic uncertainty, this book engages with both sides in the debate over economic growth, focusing on policy options that increase the prospects for vigorous economic growth in the future.

Contents:

Cover

Half-title page

Title page

Copyright page

Dedication

Contents

List of Figures

List of Tables

Notes on Contributors

Foreword

Preface

Acknowledgments

Part I Overview

1 Introduction

2 The Future of Economic Growth in the United States

Part II Labor and Economic Growth

3 Human Capital and Long-Run Economic Growth

4 Immigration and Economic Growth

Part III Implications of Technology for Growth

5 "The 64,000 Question": Living in the Age of Technological Possibility or Showing Possibility's Age?

6 Artificial Intelligence Technologies and Aggregate Growth Prospects

Part IV The Effects of Fiscal Policy on Growth

7 Taxes and Economic Growth

8 Carbon Taxes: Macroeconomic and Distributional Effects

Part V Special Topics on Economic Growth

9 Banking on Prosperity

10 Economic Growth and Income Inequality: Insights from the Representative Consumer Theory of Distribution

Part VI A Concluding Perspective

11 A Perspective on the Prospects for Economic Growth in the United States

Index.

Notes:

Title from publisher's bibliographic system (viewed on 26 Oct 2021).

ISBN:

9781108847674

1108847676

9781108856089

110885608X

OCLC:

1253441027