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Full-Text Articles in Public Policy

The Myth Of The Hollowed-Out Corporation, Murray L. Weidenbaum Mar 1990

The Myth Of The Hollowed-Out Corporation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece discusses the future of American manufacturing.


The Weak Case For Conversion Legislation, Murray L. Weidenbaum Feb 1990

The Weak Case For Conversion Legislation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper analyzes the feasibility of a so-called "defense conversion" that would transfer defense technology to civilian uses, concluding that such a transfer would be a difficult and undesirable public policy.


Defense Spending And The American Economy: How Much Change Is In The Offing?, Murray L. Weidenbaum Dec 1989

Defense Spending And The American Economy: How Much Change Is In The Offing?, Murray L. Weidenbaum

Murray Weidenbaum Publications

With the end of the Cold War looming, this essay argues that military spending has been decreasing for years and that any future reductions to the defense budget are likely to only have a modest impact on the economy.


Filling In The Hollowed-Out Corporation: The Competitive Status Of U.S. Manufacturing, Murray L. Weidenbaum Sep 1989

Filling In The Hollowed-Out Corporation: The Competitive Status Of U.S. Manufacturing, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper looks at the status of American manufacturing in 1989, given falling costs to production, improvements in product quality, and a surge in research and development.


Improving Competitiveness, Congressional Style, Murray L. Weidenbaum Aug 1989

Improving Competitiveness, Congressional Style, Murray L. Weidenbaum

Murray Weidenbaum Publications

Seemingly in order to demonstrate its concern with huge trade deficits, Congress passed the Omnibus Trade and Competitiveness Act of 1988. While the object of the legislation is ostensibly to reduce trade deficits and enhance American competitiveness, the new statute actually responds to all sorts of pressure groups. This report examines the impact of the new trade law on a multitude of government agencies.


The American Economy: Is A Turning Point At Hand?, Murray L. Weidenbaum Jul 1989

The American Economy: Is A Turning Point At Hand?, Murray L. Weidenbaum

Murray Weidenbaum Publications

American businesses are making adjustments to the global marketplace. Politically, the big question is whether or not the Cold War is finally ending. Can the United States successfully shift key resources to the civilian economy? Will the lower military demand lead to a worldwide recession or will it free up resources for a period of stronger growth? There are signs of a potential slowdown in the short term. In the long term, open markets seem to be prevailing, with three dominant clusters emerging: Europe, U.S./Canada, and the Pacific rim.


The Case Against Another Business-Government Partnership, Murray L. Weidenbaum Jun 1989

The Case Against Another Business-Government Partnership, Murray L. Weidenbaum

Murray Weidenbaum Publications

This policy paper examines the myths surrounding business-government partnerships or federal bailouts. It also provides some insights into what does work in their place. Democratic political systems were not built to make critical choices between particular firms or industries in a competitive market. Business-government partnerships do just that.


Protecting The Environment: Harnessing The Power Of The Marketplace, Murray L. Weidenbaum May 1989

Protecting The Environment: Harnessing The Power Of The Marketplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

Americans want a cleaner environment but do not necessarily want to pay more or be inconvenienced. Economists feel that providing economic incentives to manufacturers to reduce pollution can be helpful.


The Allure Of Value-Added Taxes: Examining The Pros And Cons, Murray L. Weidenbaum, Ernest S. Christian Jr Feb 1989

The Allure Of Value-Added Taxes: Examining The Pros And Cons, Murray L. Weidenbaum, Ernest S. Christian Jr

Murray Weidenbaum Publications

Compared to most other developed Western nations, the United States relies far less heavily on consumption-based taxes. In practice, much of the impact of shifting to a higher consumption tax would depend on how the tax is structured. The two major policy alternatives are an expenditures tax levied on total purchases within an accounting period or a value-added tax collected on each purchase.


America's Rendezvous With Reality, Murray L. Weidenbaum Nov 1988

America's Rendezvous With Reality, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece deals with finding solutions to economic policy problems after the Reagan Administration.


Economics And The National Security, Murray L. Weidenbaum May 1988

Economics And The National Security, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum discusses the relationship between defense spending and the national economy.


Takeovers And Stockholders: Winners And Losers, Murray L. Weidenbaum, Stephen Vogt Dec 1987

Takeovers And Stockholders: Winners And Losers, Murray L. Weidenbaum, Stephen Vogt

Murray Weidenbaum Publications

Corporate acquisitions normally cause negative returns for the shareholders of the acquiring firm. Targeted firm shareholders usually are the winners. The acquiring firms need to consider what is in the best interests for their shareholders when considering acquiring another firm.


The Benefits Of Deregulation, Murray L. Weidenbaum Dec 1987

The Benefits Of Deregulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum cites examples of how deregulation has helped the economy.


The Economic Plateau, Murray L. Weidenbaum Apr 1987

The Economic Plateau, Murray L. Weidenbaum

Murray Weidenbaum Publications

Overall, the American economy in the late 1980s looks upbeat. But American business and labor still need to take the necessary actions for a stronger economy in the 1990s.


Takeovers And Stockholders: Winners And Losers, Murray L. Weidenbaum, Stephen Vogt Apr 1987

Takeovers And Stockholders: Winners And Losers, Murray L. Weidenbaum, Stephen Vogt

Murray Weidenbaum Publications

When a takeover or merger is being considered, boards of directors are responsible for making decisions that best benefit their shareholders.


An Economic Approach To Hazardous Wastes, Murray L. Weidenbaum Mar 1987

An Economic Approach To Hazardous Wastes, Murray L. Weidenbaum

Murray Weidenbaum Publications

The author proposes that economic incentives may encourage the public to accept proposals for improving the environment and for locations for hazardous waste sites.


Today's Challenges To Economic Freedom, Murray L. Weidenbaum Feb 1987

Today's Challenges To Economic Freedom, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum shows the benefits of having a free enterprise system.


Public Policy Toward Corporate Takeovers, Murray L. Weidenbaum Nov 1986

Public Policy Toward Corporate Takeovers, Murray L. Weidenbaum

Murray Weidenbaum Publications

It should not be government's role to "do something" about hostile takeovers. Many studies show that more harm than good is done when government interferes. Boards of directors need to realize that they need to make choices that serve the desires of their shareholders.


Responding To Corporate Takeovers: Raiders, Management, And Boards Of Directors, Murray L. Weidenbaum Oct 1986

Responding To Corporate Takeovers: Raiders, Management, And Boards Of Directors, Murray L. Weidenbaum

Murray Weidenbaum Publications

This article refutes the need for government to intervene in hostile takeovers, arguing instead that the blame lies with board management. Acknowledging that "hostile" takeovers represent just a small fraction of all mergers, it stresses that corporate boards ultimately have the final say in all decisions.


Do Tax Incentives For Investment Work?, Murray L. Weidenbaum Jun 1986

Do Tax Incentives For Investment Work?, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper attempts to rebut the negative "charges" against tax incentives and argues that tax incentives have provided a substantial benefit to the American economy and that the tax payments of many companies have been largely underestimated.


Learning To Compete: Feedback Effects Of The Non-Linear Economy, Murray L. Weidenbaum, Richard Burr, Richard Cook Apr 1986

Learning To Compete: Feedback Effects Of The Non-Linear Economy, Murray L. Weidenbaum, Richard Burr, Richard Cook

Murray Weidenbaum Publications

There are three key forces that make a period of sustained prosperity likely during the 1990s. First, actions that reduce the cost of producing goods and services in the United States. Second, a new awareness of personal responsibility for the quality of American goods. Finally, a rapid growth in research and development investments.


Tax Reform: When And How, Murray L. Weidenbaum Jan 1986

Tax Reform: When And How, Murray L. Weidenbaum

Murray Weidenbaum Publications

Congress and the President need to focus on ways to reduce the deficit before making basic changes in the tax system.


The Case For Making Economic Forecasts: St. Offset And Annual Projections, Murray L. Weidenbaum Dec 1985

The Case For Making Economic Forecasts: St. Offset And Annual Projections, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum states that the public should not expect pinpoint accuracy in economic forecasting. But prevailing forecasts can be helpful in indicating the general direction and trends for the year ahead.


Economic Prospects For 1986, Murray L. Weidenbaum Nov 1985

Economic Prospects For 1986, Murray L. Weidenbaum

Murray Weidenbaum Publications

The economic forecast for 1986 is expected to show a much more modest growth than that of 1984 and 1985, mostly due to increases in imports, causing a reduction in domestic production.


The Role Of The Council Of Economic Advisers: Theory And Reality, Murray L. Weidenbaum Nov 1985

The Role Of The Council Of Economic Advisers: Theory And Reality, Murray L. Weidenbaum

Murray Weidenbaum Publications

The function of the Council of Economic Advisers is to advise the President on economic policy with as much impartiality as possible. The CEA chairman is expected to help the public understand and in turn support the President's economic program.


Imports And Unemployment: Dispelling The Myths, Murray L. Weidenbaum Oct 1985

Imports And Unemployment: Dispelling The Myths, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper looks at the myths concerning how imports reduce employment and clarifies many of the misconceptions. Recommendations are made on how trade policy can help American business be more competitive.


A "Dutch Uncle" Talk On Foreign Trade, Murray L. Weidenbaum Oct 1985

A "Dutch Uncle" Talk On Foreign Trade, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece shows how trade protection causes more harm than good for the U.S. as well as other countries.


Strengthening The Corporate Board: A Constructive Reponses To Hostile Takeovers, Murray L. Weidenbaum Sep 1985

Strengthening The Corporate Board: A Constructive Reponses To Hostile Takeovers, Murray L. Weidenbaum

Murray Weidenbaum Publications

This report examines the role of boards of directors and the pressures felt in the boardroom, especially when dealing with an unsolicited takeover. It also examines the different view of what a board can and should do. Recommendations are included for enhancing the board's ability to respond to external challenges.


A Program For Reducing The Federal Budget, Murray L. Weidenbaum Apr 1985

A Program For Reducing The Federal Budget, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum explains why it is important to reduce the federal budget and proposes ways to achieve this.


The Case Against Tax Reform In 1985, Murray L. Weidenbaum Mar 1985

The Case Against Tax Reform In 1985, Murray L. Weidenbaum

Murray Weidenbaum Publications

The Treasury Department's tax reform proposals in 1985 should be opposed because they would 1) reduce incentives for new investment; 2) reduce venture capital for high-tech and other enterprises; 3) raise the tax burden on small businesses; 4) would create uncertainty for investors regarding future tax rules; 5) reduce economic growth; and 6) weaken the financial position of states and of private non-profit institutions.