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Full-Text Articles in Social and Behavioral Sciences

The Pros And Cons Of Globalization, Murray L. Weidenbaum, Robert Batterson Jan 2001

The Pros And Cons Of Globalization, Murray L. Weidenbaum, Robert Batterson

Murray Weidenbaum Publications

This briefing book presents both sides of the globalization debate so that readers can draw their own conclusions. Although many of the factors are complex, this summary of the issues surrounding the conflict over globalization is meant to help people better understand the claims of both sides.


Dispelling The Myths About The Global Economy, Murray L. Weidenbaum Jan 2001

Dispelling The Myths About The Global Economy, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum attempts to clarify many of the myths involving globalization, such as job loss, do sanctions work, is the U.S. the only country that does not use protectionism, and whether American companies doing business overseas pollute their environments due to less strict regulations.


A Trade Policy For The United States, Murray L. Weidenbaum Dec 2000

A Trade Policy For The United States, Murray L. Weidenbaum

Murray Weidenbaum Publications

The Trade Deficit Review Commission was established to study the nature, causes, and consequences of the U.S. trade deficits. This report discusses recommendations on how the nation can become more competitive in the global marketplace.


Promoting The Case For Free Trade, Murray L. Weidenbaum Dec 2000

Promoting The Case For Free Trade, Murray L. Weidenbaum

Murray Weidenbaum Publications

The final report of the Trade Deficit Review Commission focused on the numerous disagreements between the Republican and Democratic members. In this report, Murray Weidenbaum wants to highlight the strong free trade message supported by the Republican members.


Key Challenges Facing President-Elect Bush, Murray L. Weidenbaum Dec 2000

Key Challenges Facing President-Elect Bush, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper focuses on the serious issues facing our nation during a difficult and perhaps dangerous period. Politically, Bush must work to restore the public's confidence in the presidency and develop a good working relationship with Congress. Bush will also have to deal with a slowing economy in which inflation is still rising. Domestically, fiscal policy and regulation will prove difficult issues to resolve. Finally, president-elect Bush must set a strong foreign policy agenda, as there are problem areas almost everywhere one looks around the globe.


A Tax System For An E-Commerce Economy, Murray L. Weidenbaum Jun 2000

A Tax System For An E-Commerce Economy, Murray L. Weidenbaum

Murray Weidenbaum Publications

Many state governments and federal policymakers view a new, special tax on electronic commerce to be a fresh and attractive revenue source. But whether implemented at the state or national level, this new tax would be highly undesirable, because it simply expands the shortcomings of the current revenue structure. Because of the flexibility of e-commerce, the attempt to collect such a tax would result in enforcement policies that would further complicate an already complex tax system. The way out of this conundrum is to see the shortcoming in current efforts to tax internet transactions as part of a broader need …


Progress In Federal Regulatory Policy, 1980-2000, Murray L. Weidenbaum May 2000

Progress In Federal Regulatory Policy, 1980-2000, Murray L. Weidenbaum

Murray Weidenbaum Publications

As the regulatory reform movement slows, a new strategy, focusing on the shortcomings of the basic regulatory statutes, is needed. Congress should establish an independent Congressional Office of Regulatory Analysis to credibly assess the costs and benefits of proposed congressional regulation legislation.


United States, China, Taiwan: A Precarious Triangle, Murray L. Weidenbaum Apr 2000

United States, China, Taiwan: A Precarious Triangle, Murray L. Weidenbaum

Murray Weidenbaum Publications

The economic, political, military, and environmental implications of a growing China are addressed.


Regulatory Reform: Progress And Unfinished Business, Murray L. Weidenbaum Mar 2000

Regulatory Reform: Progress And Unfinished Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

From 1980 to 2000, attitudes toward government regulation have shifted significantly. Terms like "command and control" have been replaced by "the magic of the marketplace." Yet as this statement before the Joint Economic Committee in March 2000 demonstrates, as the regulatory reform movement slows, a new strategy, focusing on the shortcomings of the basic regulatory statutes, is needed. Congress should establish an independent Congressional Office of Regulatory Analysis to credibly assess the costs and benefits of proposed Congressional regulation legislation.


The Assault On The Global Economy, Murray L. Weidenbaum Dec 1999

The Assault On The Global Economy, Murray L. Weidenbaum

Murray Weidenbaum Publications

The global economy is under assault by a strange alliance of radical groups and several mainstream environmental organizations. The outfits from the far left are long-term opponents of the capitalist system, both at home and abroad, so their opposition to trade between nations is neither new nor newsworthy. It is surprising, however, that organizations like the Sierra Club and Friends of the Earth have joined this effort to oppose the modern economy. This paper attempts to respond to these views. Isolationist policies are a foolhardy, futile pursuit in today's interconnected, globalized economy.


The Changing Economic Role Of Defense, Murray L. Weidenbaum Nov 1999

The Changing Economic Role Of Defense, Murray L. Weidenbaum

Murray Weidenbaum Publications

How much of the federal budget should be spent on national defense is discussed in this paper.


The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum Oct 1999

The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States has built a unique service sector which is based on a unique industrial sector which is based on a unique mining sector. Harm any one of these three vital parts of our nation and you jeopardize the standard of living and future prospects of all our citizens. Now, the world economy is in the midst of a substantial and widespread upswing. In light of this positive outlook, the U.S. mining industry faces two primary threats: increased competition with international, overseas counterparts and the U.S. government's tendency to handicap American business via taxation, regulation, and intervention.


The Global Marketplace And Government Policy, Murray L. Weidenbaum Aug 1999

The Global Marketplace And Government Policy, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum points out how important it is for the United States to adapt to globalization.


How The States Can Do A Better Job Promoting Economic Development In The Twenty-First Century, Murray L. Weidenbaum Aug 1999

How The States Can Do A Better Job Promoting Economic Development In The Twenty-First Century, Murray L. Weidenbaum

Murray Weidenbaum Publications

In order for states to be able to compete in the global economy, government obstacles facing new enterprises need to be examined. States need to create a positive and competitive business climate for new and expanding companies.


Regulation: Benefit Or Bane, Murray L. Weidenbaum Jul 1999

Regulation: Benefit Or Bane, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum and Carol Tucker Foreman debate what are the best ways to improve government regulation.


Prospects For Success In The Global Marketplace, Murray L. Weidenbaum May 1999

Prospects For Success In The Global Marketplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper explains how Americans need to understand the complexities of the global marketplace in order for the U.S. to become more competitive.


The Public And The Congress Need To Know More About Government Regulation, Murray L. Weidenbaum Apr 1999

The Public And The Congress Need To Know More About Government Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

The public and Congress both need to know more about the costs and benefits of government regulation. This testimony before the Senate Committee on Government affairs in April 1999 addresses the proposed S.59 bill, the Regulatory Right-to-Know Act of 1999, and the proposals for a Congressional Office of Regulatory Analysis. S.59 accomplishes the desirable objective of raising the level of public regulatory understanding in a straightforward and nonpartisan manner: providing consistent regulatory data. Likewise, a new Office of Regulatory Analysis would give Congress an independent source of information - provided its charter were broad enough for the task.


The Great Confusion: A Conservative's Response To Pat Buchanan's "The Great Betrayal", Murray L. Weidenbaum Mar 1999

The Great Confusion: A Conservative's Response To Pat Buchanan's "The Great Betrayal", Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece refutes statements made by Pat Buchanan in his book, The Great Betrayal.


Government Regulation Of The Automobile: Extensive And Growing, Murray L. Weidenbaum Oct 1998

Government Regulation Of The Automobile: Extensive And Growing, Murray L. Weidenbaum

Murray Weidenbaum Publications

Automobile regulation is very burdensome and in many cases works at cross-purposes. By increasing safety features, fuel economy may be reduced.


Creating A Comprehensive Policy Toward China, Murray L. Weidenbaum Sep 1998

Creating A Comprehensive Policy Toward China, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum discusses the importance of establishing a relationship with China.


A New Approach To Regulatory Reform, Murray L. Weidenbaum Aug 1998

A New Approach To Regulatory Reform, Murray L. Weidenbaum

Murray Weidenbaum Publications

Even though there is a legitimate need for government regulation, it is still a blunt and imperfect tool, often imposing costs that greatly outweigh the benefits. This study presents the need for regulatory reform and suggests a few ways to do so.


The U.S. Trade Deficit: A Misleading Economic Indicator, Murray L. Weidenbaum Jun 1998

The U.S. Trade Deficit: A Misleading Economic Indicator, Murray L. Weidenbaum

Murray Weidenbaum Publications

The U.S. trade deficit is the most misleading indicator of economic performance in our statistical tool kit. More often than not, bad news for the economy is good news for the trade deficit, and vice versa. In 1992, the economy was in recession and our trade deficit came down. One year later, the opposite was true. When we look beyond the short-run gyrations of the trade balance and the business cycle, more fundamental, longer-run problems do involve the trade deficit. Indeed, it is a symptom of a more basic economic imbalance.


Recasting The Role Of Government To Promote Economic Prosperity, Murray L. Weidenbaum Apr 1998

Recasting The Role Of Government To Promote Economic Prosperity, Murray L. Weidenbaum

Murray Weidenbaum Publications

No government in the world has an agency with the mission of depressing the economy or accelerating the rate of inflation. Yet, many government actions - especially taxation, government spending, and regulation - have those undesirable effects. The paper focuses on government regulation of business, where the costs are especially insidious, and what can be done to reform this regulation. Government decision-makers often forget the fundamental fact that individuals and private organizations have tremendous capability to deal with the shortcomings of a modern economy on their own. Relying more heavily on private initiative moves us closer to a free society …


The Case For America's Role In The Global Marketplace, Murray L. Weidenbaum Mar 1998

The Case For America's Role In The Global Marketplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

This briefing book explains the need for "Fast Track" in considering new trade agreements.


Economic Navigation In A Period Of Great Uncertainty, Murray L. Weidenbaum Jan 1998

Economic Navigation In A Period Of Great Uncertainty, Murray L. Weidenbaum

Murray Weidenbaum Publications

1997 was a very good year economically, but 1998 is expected to bring a lower growth rate and a slowdown across a number of industries. But rather than a period of doom-and-gloom, 1998 will in fact be best defined as a time of economic uncertainty. In light of this, this paper attempts to provide an economic outlook for the year ahead by answering three key questions: first, how will the East Asian financial deterioration affect us? Second, will politicians try to spend the projected federal surplus before it materializes? Lastly, will the Federal Reserve continue to stay on the policy …


China: A New Force In The Global Marketplace, Murray L. Weidenbaum Sep 1997

China: A New Force In The Global Marketplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

Even with problems such as energy shortages, environmental degradation, infrastructure, corruption, and crime, the Chinese economy is a force to be reckoned with. If current trends continue, China could end up being number 2, after the United States, in terms of economic output.


What Should We Do About Global Warming? Weighing The Pros And Cons, Murray L. Weidenbaum Aug 1997

What Should We Do About Global Warming? Weighing The Pros And Cons, Murray L. Weidenbaum

Murray Weidenbaum Publications

The most controversial environmental issue facing the country today is how to respond to the pressure to fight global warming by substantially reducing emissions of carbon dioxide (CO2), the leading greenhouse gas. The United States has reached a point where it is personally and professionally dangerous, if not foolhardy, to criticize in any way any proposal to "do more for the environment." Nevertheless, in advance of the massive UN Framework Convention on Climate Change meeting in Kyoto, Japan in December 1997, this paper suggests that we should examine the seriousness of the problem and the feasibility of the suggested solution.


The U.S. Defense Industry After The Cold War, Murray L. Weidenbaum Apr 1997

The U.S. Defense Industry After The Cold War, Murray L. Weidenbaum

Murray Weidenbaum Publications

The U.S. defense industry is adjusting to the end of the Cold War far more rapidly and effectively than was generally expected. Current security decision-makers can count on the presence of a strong defense industrial base. But that situation cannot be taken for granted in the years ahead and judging the industrial base capacity is challenging. It requires us to deal with international issues during a time of domestic concern, to consider military outlays in a period of budgetary austerity, and to worry about the competition for the production of weapons systems when the economy is undergoing a wave of …


Science--The Endless Frontier: A Half Century Later, Murray L. Weidenbaum Feb 1997

Science--The Endless Frontier: A Half Century Later, Murray L. Weidenbaum

Murray Weidenbaum Publications

In July 1945, Vannevar Bush wrote the treatise that outlined federal science policy for the next 50 years: Science - The Endless Frontier. Given that the government had not financed in any significant way any non-agricultural research prior to WWII, Bush's report fundamentally altered the federal government's approach to scientific research. The report also strongly influenced the congressional decision to establish the National Science Foundation. Nevertheless, federal government did not implement Bush's policy recommendations, and today there is a shortness of vision to science policy planners. Just as private industry faces an enlarged need for the fruits of R&D, the …


Toward A Healthier Environment And A Stronger Economy: How To Achieve Common Ground, Murray L. Weidenbaum, Christopher Douglass, Michael Orlando Jan 1997

Toward A Healthier Environment And A Stronger Economy: How To Achieve Common Ground, Murray L. Weidenbaum, Christopher Douglass, Michael Orlando

Murray Weidenbaum Publications

Economic and environmental interests are typically opponents in the public arena. Most efforts to bridge intellectual differences involve economists trying to get environmentalists to develop an "economic way of thinking" while conversely, ecologists attempt to sway economists toward kinder environmental values. It is time for a new approach to public policy that takes advantage of the middle ground between these two ideologies. This study presents six specific reforms that make both sound economic and environmental sense. These reforms occur within selected government spending programs, special federal tax provisions, and particular regulatory requirements.