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The 4% Solution - eBook

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<p>**<em>Foreword by President George W. Bush</em></p> <p>With contributions from world renowned economists and Nobel prizewinners, <em>The 4% Solution</em> is a blueprint for restoring America’s economic health**</p> <p>The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy.</p> <p><em>The 4% Solution</em> offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, <em>The 4% Solution</em> defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs.</p> <p><em>The 4% Solution</em> draws on the best minds in the business, including five Nobel laureates:</p> <p>&middot; <strong>Robert E. Lucas, Jr.,</strong> on the history and future of economic growth<br />&middot; <strong>Gary S. Becker</strong> on why we need immigrants in order to grow<br />&middot; <strong>Edward Prescott</strong> on the cost (to growth) of the welfare state<br />&middot; <strong>Vernon Smith</strong> on why housing leads us into and out of recessions<br />&middot; <strong>Myron Scholes</strong> on why we need to innovate in order to grow the economy</p>

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**Foreword by President George W. Bush

With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health**

The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy.

The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs.

The 4% Solution draws on the best minds in the business, including five Nobel laureates:

· Robert E. Lucas, Jr., on the history and future of economic growth
· Gary S. Becker on why we need immigrants in order to grow
· Edward Prescott on the cost (to growth) of the welfare state
· Vernon Smith on why housing leads us into and out of recessions
· Myron Scholes on why we need to innovate in order to grow the economy

The 4% Solution - eBook

Specifications

Read This On
Android,Ereader,Desktop,IOS,Windows
Is Downloadable Content Available
Y
Digital Reader Format
Epub (Yes)
Language
en
Publisher
The Crown Publishing Group
Author
The Bush Institute
ISBN-13
9780307986153
ISBN-10
0307986152

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Electrode, Comp-812496343, DC-prod-az-southcentralus-13, ENV-prod-a, PROF-PROD, VER-30.0.3, SHA-fe0221a6ef49da0ab2505dfeca6fe7a05293b900, CID-4b87c287-8e1-16e617cc8f91da, Generated: Tue, 12 Nov 2019 21:19:58 GMT