Presents essays on the problems and prospects of the U.S. economy along with recommendations to improve economic performance. Topics covered include productivity problems of inflation and unemployment in short run stabilization policy, social regulation, federal tax reform and spending, state and local government finance and the United States in the world economy. Special focus is on defense spending, social security, energy and health care costs....

Compilation of 24 essays on tax policy to commemorate the 20th anniversary of the series Studies of Government Finance.