Economics Commons^™

The Debate Over Saving, Investment And Capital Shortages, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece discusses the importance of saving and investment.

Government Regulation And Small Business, Testimony Prepared For The U.S. House Of Representatives Committee On Small Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

This testimony presents four major points regarding H.R. 7739 "Small Business Impact Statement Act of 1977" and H.R. 10632 "Small Business Regulatory Relief Act." First, there is concern that regulation hits smaller business disproportionately hard. Second, requiring a regulatory impact statement is a good one, as it helps government understand the effects of its actions. Third, the amount of paperwork required by specific impact statements is concerning. Finally, public policy would be better served by requiring a single comprehensive impact statement prior to the issuance of each new regulation.

The Taxpayer And Government Regulation, Robert Defina, Murray L. Weidenbaum

Murray Weidenbaum Publications

Government regulation of business continues to be one of the fastest growing areas of the American economy. The bulk of the growing regulatory budget is devoted to newer areas of social regulation, such as job safety, energy and the environment, and consumer safety and health. Unlike the traditional regulating commissions, the agencies engaging in this type of regulation often have jurisdiction over virtually all companies, including many sectors of the economy which are generally not thought of as being regulated.

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.

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.

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

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

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

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.

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 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.

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.

Free Enterprise: Let's Reinvent The Wheel, Don P. Diffine Ph.D.

Belden Center Books

The primary purpose of this report is to share with interested individuals and organizations the back-to-the basics steps being taken by the Center for Private Enterprise Education to develop and implement an Economic Enlightenment Program. The reader of this report will be reading about projects that this student faculty Economics Team has accomplished over the period of October 1976 through March 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

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.

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.

Regulation And Competition In The Motor Transportation Industry, Richard F. Hoogerwerf

Graduate Thesis Collection

Evidence exists today which indicates that our present motor carrier regulatory system, rather than "protect the public interest", might actually inhibit the efficient provision of transportation services to the economy. Accepting such a view of the regulated motor transport market as valid, this thesis could serve as a model from which legislators might begin to re-write our motor carrier act. It is assumed throughout this work that such an undertaking is well overdue. The possible use of this thesis for such a purpose is its primary justification for existence.

In order to serve as a basis for such a legislative …

Government As Promoter And Subsidizer Of Advertising, Murray L. Weidenbaum

Murray Weidenbaum Publications

The author points out that government subsidies in advertising can also mean more government control on those organizations that accept the subsidies.

A New Approach To Business-Government Planning, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece advocates the government using sensible ways of regulating business.

The Potential For Reducing Inflationary Pressures By Reforming Government Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper suggests that if government offers proper incentives instead of increasing regulation, business and individuals would be more liable to alter their economic behavior in a way that is more beneficial to society as a whole.

Concentration In The Petroleum Industry, Billy J. Leach

Graduate Thesis Collection

No abstract provided.

Saving, Investment And Capital Shortages, Murray L. Weidenbaum

Murray Weidenbaum Publications

The importance of saving and investment to the American economy are discussed.

The Contrast Between Government Planning And Business Planning: Market Orientation Versus Centralized Control, Murray L. Weidenbaum

Murray Weidenbaum Publications

Government planning is a centralized process in which economic decisions are made in the form of governmental edicts; business planning is a decentralized process where the individual consumer makes choices. The author states that adopting a form of centralized planning could result in society moving away from market freedoms and toward greater governmental controls over individual behavior.

A Proper Concern For The Future: The Debate Over Saving, Investment, And Capital Shortages, Murray L. Weidenbaum

Murray Weidenbaum Publications

The author recommends that government policy should encourage saving and investment, which would increase productivity and improve the standard of living for society.

The Case For Economizing On Government Controls, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper points out the waste and hidden costs created by many government regulations.

Federal Finances And Inflation, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum suggests steps that the government can do in order to slow down inflation.

The New Wave Of Federal Government Regulation Of Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper discusses the need for society to examine excessive government regulation and find ways to reduce cost and waste.

Financing The Electric Utility Industry, Murray L. Weidenbaum

Murray Weidenbaum Publications

With rising costs in the electric utility industry in the 1970s, this study explores what would be the best ways for solving the financial problems of the industry.

The Distribution Of Tax Incentives, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper gives a detailed explanation of the distribution of federal tax expenditures.

The Work Incentive Program As A Grant For Investment In Human Capital, L. James Eaton

Graduate Thesis Collection

No abstract provided.