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Full-Text Articles in Public Policy

Government Regulation And The Cost Of Housing, Murray L. Weidenbaum Dec 1977

Government Regulation And The Cost Of Housing, Murray L. Weidenbaum

Murray Weidenbaum Publications

One of the important factors in the rising prices in the housing market is the array of government regulations facing land developers, homebuilders, and financial institutions. Not all government regulation is bad, but the costs are often simply passed along to the consumer, essentially as a "hidden tax." This paper examines the various effects of housing regulation and outlines the procedures for change.


An Economist's Evaluation Of President Carter's Freshman Year In Office, Murray L. Weidenbaum Dec 1977

An Economist's Evaluation Of President Carter's Freshman Year In Office, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper attempts to grade the president's economic policies and performance through his first year. Specifically, it examines what President Carter's economic objectives are, what he has accomplished to date, what difference he has made to the nation's economy, and what he needs to do before leaving office in order to earn a passing grade.


The 1978 Economy: Outlook And Policy, Murray L. Weidenbaum Nov 1977

The 1978 Economy: Outlook And Policy, Murray L. Weidenbaum

Murray Weidenbaum Publications

This economic forecast examines trends within the major sectors of the economy to make predictions about how the American economy will fare in 1978. The overall outlook is relatively tame. The real economic growth rate will average about 4.5% in 1978 with inflation a little under 6% and a moderate decline in unemployment. All in all, 1978 is predicted to be a stable period of modest growth and prosperity.


Government Regulation And The Slowdown In Innovation, Murray L. Weidenbaum Oct 1977

Government Regulation And The Slowdown In Innovation, Murray L. Weidenbaum

Murray Weidenbaum Publications

The excessively rapid expansion of government regulation of business is slowing down the rate of innovation and scientific progress in the United States. The answer is not to eliminate all forms of government regulation, however. Rather, the sensible approach is to reform the existing array of regulation so as to achieve important social objectives with fewer of the adverse side effects.


Strategies For Business Survival In A World Of Government Intervention, Murray L. Weidenbaum Sep 1977

Strategies For Business Survival In A World Of Government Intervention, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum points out that the future of the economic system depends on government policies and their effects on business.


A Fundamental Reform Of Government Regulation, Murray L. Weidenbaum May 1977

A Fundamental Reform Of Government Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

During the past few years, the American public has been alerted to the problems and shortcomings of government regulatory activities. The Regulatory Reform Act of 1977 provides a platform for modernizing and improving government activities that have profound repercussions for all of society. It should be supported and enacted accordingly.


The Case For Tax Loopholes, Murray L. Weidenbaum Mar 1977

The Case For Tax Loopholes, Murray L. Weidenbaum

Murray Weidenbaum Publications

Contrary to popular belief, tax expenditures or "loopholes" can in fact be useful. Given that the prompt elimination of large government deficit financing and pervasive government regulation is unlikely, tax expenditures may serve as a more sensible, second-best alternative. Indeed, tax expenditures (or incentives) may serve a variety of public purposes, ranging from promoting business investment to encouraging private, voluntary organizations. Typical tax expenditures tend to benefit the middle and lower income groups and should be considered an important alternative to achieve important government objectives.


Corporate Planning Versus Government Planning, Murray L. Weidenbaum, Linda Rockwood Mar 1977

Corporate Planning Versus Government Planning, Murray L. Weidenbaum, Linda Rockwood

Murray Weidenbaum Publications

This paper discusses the differences between business planning and national planning and how to decide which works best for the overall economy.


The Costs Of Government Regulation, Murray L. Weidenbaum Feb 1977

The Costs Of Government Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

Overregulation of business causes extra costs to the consumer. For the public good, government needs to find sensible and moderate means of regulation in order for business to fulfill its basic economic function.


An Economic Analysis Of The Federal Government's Credit Programs, Murray L. Weidenbaum Jan 1977

An Economic Analysis Of The Federal Government's Credit Programs, Murray L. Weidenbaum

Murray Weidenbaum Publications

Government credit programs create large costs to government as well as the consumer. Murray Weidenbaum offers suggestions on ways to reduce those costs.


The Rising Cost Of Government Regulation, Murray L. Weidenbaum, Robert Defina Jan 1977

The Rising Cost Of Government Regulation, Murray L. Weidenbaum, Robert Defina

Murray Weidenbaum Publications

In fiscal year 1976, the direct cost of federal government regulation of business hit an all time high. By 1978, the annual total federal regulatory cost will be approximately $3.8 billion, an 85% rise over the 1974 level. The most expensive sectors of federal regulatory activity are not focused on an individual industry, but are assigned to a broad category of social activities like the environment, energy, and consumer health and safety.


Business Policy And The Public Welfare, Murray L. Weidenbaum Jan 1977

Business Policy And The Public Welfare, Murray L. Weidenbaum

Murray Weidenbaum Publications

It is not a question of advocating for the elimination of all government intervention in the economy, as many government programs do generate important benefits to the public. This paper calls for a new way of thinking in public policymaking. This new paradigm must simultaneously help to achieve the nation's social goals while allowing business to pursue more efficient production of better goods and services.