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Full-Text Articles in Public Policy

The Future Of China: Three Scenarios, Murray L. Weidenbaum Nov 1996

The Future Of China: Three Scenarios, Murray L. Weidenbaum

Murray Weidenbaum Publications

This article looks at the rise of China as a world power and how this will impact American businesses.


The Quiet Reversal Of U.S. Climate Change Policy, Murray L. Weidenbaum, Christopher Douglass Nov 1996

The Quiet Reversal Of U.S. Climate Change Policy, Murray L. Weidenbaum, Christopher Douglass

Murray Weidenbaum Publications

This paper calls for an immediate and extensive Congressional and national debate about the scope of climate change and the role of the U.S. in addressing this issue before passing any international laws.


An Ambitious Agenda For Economic Growth, Murray L. Weidenbaum Sep 1996

An Ambitious Agenda For Economic Growth, Murray L. Weidenbaum

Murray Weidenbaum Publications

An extensive array of expenditure, tax, and regulatory reforms could help in shifting the American economy to a sustainable higher growth path. Carrying out needed changes requires more than developing attractive new programs; it also means making a continuous stream of hard choices.


Neoisolationism And Global Realities, Murray L. Weidenbaum May 1996

Neoisolationism And Global Realities, Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States needs to take the necessary actions to make American business and labor more productive and, thus, more competitive. Tax Reform, regulatory reform, liability law reform, and a modern labor policy can help achieve those goals.


The Employment Act Of 1946: A Half Century Of Experience, Murray L. Weidenbaum Apr 1996

The Employment Act Of 1946: A Half Century Of Experience, Murray L. Weidenbaum

Murray Weidenbaum Publications

The enactment of the Employment Act of 1946 established the Council of Economic Advisers and the congressional Joint Economic Committee. This paper discusses the role each has played since then involving economic policy.


Four Approaches To Tax Reform, Murray L. Weidenbaum Apr 1996

Four Approaches To Tax Reform, Murray L. Weidenbaum

Murray Weidenbaum Publications

This report explains four alternatives to the income tax: the flat tax, the saving-friendly USA Tax, a national sales tax, and a value-added tax.


Government Regulation And Medium-Sized Business, Murray L. Weidenbaum Mar 1996

Government Regulation And Medium-Sized Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper attempts to analyze government regulation across the size spectrum, arguing in favor of market policies over government intrusion.


Is This The Healthiest Economy In Three Decades?, Murray L. Weidenbaum Mar 1996

Is This The Healthiest Economy In Three Decades?, Murray L. Weidenbaum

Murray Weidenbaum Publications

The same people who would not admit a real economic recovery was underway in 1992 are reluctant to acknowledge that this same recovery is now old and tired in 1996. Only 31% pf the adult population is satisfied with the economy. Over one-half of Americans believe that the country is "headed in the wrong direction." For the most part, the data support these sentiments, from slowed GDP and productivity growth to increased worker insecurity. Policymakers need to take their own Hippocratic oath: First, do no harm. At the same time, they cannot sit idly by either.


Needed: An Armey Commission On The Budget, Murray L. Weidenbaum Dec 1995

Needed: An Armey Commission On The Budget, Murray L. Weidenbaum

Murray Weidenbaum Publications

The idea of a balanced budget is a fine start on the path towards governmental fiscal stability. The much harder task comes in identifying the specific spending cuts that should be made and attracting sufficient public support for such tough action. Currently, powerful interest groups are able to push very hard for the particular spending programs that benefit them. One solution to this problem would be to refer budget cuts to a bipartisan, blue-ribbon commission. Congress would then be required to vote up or down on the entire package, without opportunity to make exceptions for specific programs.


Tax Reform: Reconciling Economic Growth And Fairness, Murray L. Weidenbaum Dec 1995

Tax Reform: Reconciling Economic Growth And Fairness, Murray L. Weidenbaum

Murray Weidenbaum Publications

The emerging debate on fundamental tax reform in the United States is focused too narrowly. The key disagreement currently is between promoting economic growth and maintaining fairness via a progressive tax structure. Alarmingly, most of the reform proposals which have gained attention do eliminate the progressivity which has been a long-term hallmark of the federal income tax system. This paper demonstrates that it is possible to achieve both objectives while making basic improvements in the federal revenue structure.


American Isolationism Versus The Global Marketplace, Murray L. Weidenbaum Nov 1995

American Isolationism Versus The Global Marketplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

A growing paradox faces the United States. There is simultaneously a rise in support for isolationism alongside an increasing globalization of business and economic activity. Examined separately, both trends possess a certain logical appeal. After all, given the end of the Cold War, many Americans expect an increased focus on domestic issues, of which there are plenty. At the same time, a global marketplace based on international trade has arrived. This paper examines the tensions these two trends present when placed alongside one another.


Abolish The Department Of Commerce Now, Murray L. Weidenbaum Jul 1995

Abolish The Department Of Commerce Now, Murray L. Weidenbaum

Murray Weidenbaum Publications

Many people believe that the Department of Commerce has outlived its usefulness. Eliminating the whole department is one way for the federal government to reduce unnecessary costs and regulation. Certain divisions that are essential could be slimmed down and moved to other departments.


The Nunn-Domenici Usa Tax: Analysis And Comparisons, Murray L. Weidenbaum May 1995

The Nunn-Domenici Usa Tax: Analysis And Comparisons, Murray L. Weidenbaum

Murray Weidenbaum Publications

A comparison showing the pros and cons of different tax plans: the USA Tax Plan, a Flat Tax, Value-Added Tax, and Retail Sales Tax.


Government Policy And Small Business Financing, Murray L. Weidenbaum Apr 1995

Government Policy And Small Business Financing, Murray L. Weidenbaum

Murray Weidenbaum Publications

Small businesses are hurt by government policy and regulation.


It's Time To Cut Government Regulations, Murray L. Weidenbaum, Melinda Warren Feb 1995

It's Time To Cut Government Regulations, Murray L. Weidenbaum, Melinda Warren

Murray Weidenbaum Publications

This piece shows how the costs of regulation affect consumers and recommends that Congress should conduct benefit-cost analyses when proposing regulation.


A New Look At Heath-Care Reform, Murray L. Weidenbaum Feb 1995

A New Look At Heath-Care Reform, Murray L. Weidenbaum

Murray Weidenbaum Publications

The time is ripe for taking a new look at health-care reform. Between a free market and a governmental approach, the operation of market forces often proceeds more rapidly and more effectively in responding to serious problems than do the more ponderous decision-making mechanisms of the public sector. Indeed, often the reduction of governmental impediments to competition represents the most efficient and least costly solution. Medical care is no exception.


It's Time To Cut Government Regulations, Murray L. Weidenbaum, Melinda Warren Jan 1995

It's Time To Cut Government Regulations, Murray L. Weidenbaum, Melinda Warren

Murray Weidenbaum Publications

Congress should establish a committee on regulatory reform. Changes that would be helpful include: 1) require benefit-cost analysis for new regulation; 2) enforce a fixed timetable for agencies to issue permits; 3) emphasize objectives sought rather than precise methods to be used; 4) use risk assessment for achieving environmental, health, and safety protection; and 5) promote regulatory justice.


A New Social Contract For The American Workplace: From Paternalism To Partnering, Murray L. Weidenbaum, Kenneth W. Chilton Nov 1994

A New Social Contract For The American Workplace: From Paternalism To Partnering, Murray L. Weidenbaum, Kenneth W. Chilton

Murray Weidenbaum Publications

As American business struggles to cope with global competition, technological breakthroughs, and various forms of deregulation, the workplace is being thrown into turmoil. Against this backdrop, 1994 is also on pace to set a record for publicly announced downsizings, most of them justified under the banner of "restructuring." This study is the first comprehensive look at this evolving picture.


How To Restore Employee Trust In Management: A New Social Contract For The American Workplace, Murray L. Weidenbaum Nov 1994

How To Restore Employee Trust In Management: A New Social Contract For The American Workplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

The number of layoffs and the amount of downsizing in corporate America are both happening at unprecedented rates. Firing workers has falsely become the ultimate management tool to success. The old social contract of work in exchange for fair pay and some measure of job security is deteriorating. Accordingly, this paper introduces a new social order that replaces paternalism with partnership, views employees as value-adding resources, and focuses both employers and employees on meeting the customers' needs and desires.


How Domestic Regulation Handicaps U.S. Global Business, Murray L. Weidenbaum Sep 1994

How Domestic Regulation Handicaps U.S. Global Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

Regulatory reform would benefit private industry. Some suggestions include: benefit-cost analysis, risk assessment, and emphasizing objectives to be achieved rather than precise methods to be used in complying with regulation.


The Savings-Exempt Income Tax (And The Companion Business Cash-Flow Tax), Murray L. Weidenbaum Jul 1994

The Savings-Exempt Income Tax (And The Companion Business Cash-Flow Tax), Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States would benefit greatly by reforming the national system of taxation to encourage more saving and investment. Doing so would help to achieve faster economic growth, higher levels of unemployment, and smaller budget deficits. Specifically, a savings-exempt income tax on individuals and families coupled with a companion cash-flow tax on business should replace the existing federal income taxes.


The Evolving Corporate Board, Murray L. Weidenbaum May 1994

The Evolving Corporate Board, Murray L. Weidenbaum

Murray Weidenbaum Publications

Due to criticisms of corporate boards in the early 1990s, reform proposals are discussed to improve corporate governance.


Heath-Care Policy, Murray L. Weidenbaum Feb 1994

Heath-Care Policy, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper examines the Clinton health-care reform proposal.


How Government Reduces Employment, Murray L. Weidenbaum Dec 1993

How Government Reduces Employment, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum shows how the federal government conducts many activities that affect the ability of the private sector to create jobs.


How Government Reduces Employment, Murray L. Weidenbaum Nov 1993

How Government Reduces Employment, Murray L. Weidenbaum

Murray Weidenbaum Publications

Government mandates contribute to reducing the ability of the private sector to create jobs. But ways need to be developed that can offset this.


The Case For The Savings-Exempt Income Tax, Murray L. Weidenbaum Oct 1993

The Case For The Savings-Exempt Income Tax, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum gives his reasons why he supports a savings-exempt income tax.


The U.S./Ec Relationship: Friends And Competitors, Murray L. Weidenbaum Oct 1993

The U.S./Ec Relationship: Friends And Competitors, Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States and the European Community need to develop a better understanding of how to simultaneously be both friends and competitors. U.S. firms with facilities in the EC will benefit from this regional trade zone while others will find difficulties trying to export goods to the EC. The author concludes that he expects the United States and the European Community will work more closely in the 21st century.


A New Technology Policy For The United States, Murray L. Weidenbaum Apr 1993

A New Technology Policy For The United States, Murray L. Weidenbaum

Murray Weidenbaum Publications

The Clinton Administration is proposing a new technology policy, but unfortunately wants to follow the policy used when national security was the motivating force. A new policy would be more effective if it reduced governmental obstacles to the commercialization of new technology.


Restraining Medicine Prices: Controls Vs. Competition, Murray L. Weidenbaum Apr 1993

Restraining Medicine Prices: Controls Vs. Competition, Murray L. Weidenbaum

Murray Weidenbaum Publications

With the cost of prescription medicines constantly rising, the government has been considering price controls. This report explains the R&D process from laboratory studies to FDA review to approval by the FDA. As an alternative to price controls, competition could be a way for helping to keep prices down.


Clintonomics: An Early Look, Murray L. Weidenbaum Mar 1993

Clintonomics: An Early Look, Murray L. Weidenbaum

Murray Weidenbaum Publications

More of an activist administration is expected during President Clinton's first term, which will include more regulation and higher business and upper income bracket taxation. More spending programs are expected as well, which could create opportunities for industrial companies that work with the government.