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Although economic growth has historically been an engine of
prosperity in the United States, recent trends have generated
uncertainty regarding the prospects for sustaining such growth.
Economists disagree about the relative importance of many factors
affecting future growth, including rapid technological advances,
immigration, the growth of the financial sector, problems with the
educational system, increasing income inequality, an aging
population, and large fiscal imbalances that have not been
addressed by the political system. This collection of chapters,
authored by many of today's leading economists, addresses the
prospects for economic growth in the United States over the next
few decades. During a time of great economic uncertainty, this book
engages with both sides in the debate over economic growth,
focusing on policy options that increase the prospects for vigorous
economic growth in the future.
Although economic growth has historically been an engine of
prosperity in the United States, recent trends have generated
uncertainty regarding the prospects for sustaining such growth.
Economists disagree about the relative importance of many factors
affecting future growth, including rapid technological advances,
immigration, the growth of the financial sector, problems with the
educational system, increasing income inequality, an aging
population, and large fiscal imbalances that have not been
addressed by the political system. This collection of chapters,
authored by many of today's leading economists, addresses the
prospects for economic growth in the United States over the next
few decades. During a time of great economic uncertainty, this book
engages with both sides in the debate over economic growth,
focusing on policy options that increase the prospects for vigorous
economic growth in the future.
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