The 4% Solution: Unleashing the Economic Growth America Needs
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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
ASIN : B006ZAZ2NE
Publisher : Crown Currency
Accessibility : Learn more
Publication date : July 17, 2012
Language : English
File size : 4.7 MB
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Not Enabled
Word Wise : Enabled
Print length : 370 pages
ISBN-13 : 978-0307986153
Page Flip : Enabled
Best Sellers Rank: #2,012,225 in Kindle Store (See Top 100 in Kindle Store) #313 in Government & Business #510 in Economic Policy #555 in International Economics (Books)
Customer Reviews: 4.3 4.3 out of 5 stars (34) var dpAcrHasRegisteredArcLinkClickAction; P.when(‘A’, ‘ready’).execute(function(A) { if (dpAcrHasRegisteredArcLinkClickAction !== true) { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative( ‘acrLink-click-metrics’, ‘click’, { “allowLinkDefault”: true }, function (event) { if (window.ue) { ue.count(“acrLinkClickCount”, (ue.count(“acrLinkClickCount”) || 0) + 1); } } ); } }); P.when(‘A’, ‘cf’).execute(function(A) { A.declarative(‘acrStarsLink-click-metrics’, ‘click’, { “allowLinkDefault” : true }, function(event){ if(window.ue) { ue.count(“acrStarsLinkWithPopoverClickCount”, (ue.count(“acrStarsLinkWithPopoverClickCount”) || 0) + 1); } }); });
Customers say
Customers find the book informative, with one review noting how it provides background research to support its premise. They consider it worth buying. The growth aspect receives mixed reactions, with one customer highlighting the lack of policies that promote growth.
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