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Full-Text Articles in Public Policy

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 …