Drawing the right lessons from the past quarter-century
Alan Blinder
Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics at Princeton University and Co-Director of Princeton's Center for Economic Policy Studies, which he founded in 1990. He has served as vice chairman of the Federal Reserve Board and was a member of President Clinton's original Council of Economic Advisers.
Posted inSpecial Report
Outsourcing: Bigger Than You Thought
The great conservative political philosopher Edmund Burke, who probably would not have been a reader of The American Prospect, once observed, “You can never plan the future by the past.” But when it comes to preparing the American workforce for the jobs of the future, we may be doing just that. For about a quarter-century, […]
Posted inSpecial Report
Social Security and the New Fiscal Policy
The most profound, and profoundly disturbing, innovation in budget policy during the administration of George W. Bush has been to discard the old-fashioned notion that presidents who propose a tax cut or new spending should also propose some way to pay for it. That practice, apparently, is just soooo 20th century. Observers of this administration’s […]
Posted inEconomic Policy
Controversy: Can’t We Grow Faster?
Continuing the debate from “The Speed Limit,” by Alan S. Blinder, and “Why We Can Grow Faster,” by Barry Bluestone and Bennett Harrison (September-October 1997).
Posted inEconomic Policy
The Speed Limit
It would be nice if the Dodgers returned to Brooklyn and if the economy grew faster than 2.3 percent. But neither of these things is in the offing.
Posted inAmerica and the World
More Like Them?
The Japanese economic system violates many of the basic principles of the Adam Smithian economics. Instead of crying “foul”, maybe we need to learn how and why Japan’s model works.