How Big Should Our Government Be?The size of government is arguably the most controversial discussion in United States politics, and this issue won't fade from prominence any time soon. There must surely be a tipping point beyond which more government taxing and spending harms the economy, but where is that point? In this accessible book, best-selling authors Jeff Madrick, Jon Bakija, Lane Kenworthy, and Peter Lindert try to answer whether our government can grow any larger and examine how we can optimize growth and fair distribution. |
Contents
| 1 | |
2 Are Government Social Programs Bad for Economic Growth? | 34 |
3 Would a Bigger Government Hurt the Economy? | 67 |
4 Thinking Sensibly about the Size of Government | 135 |
Other editions - View all
How Big Should Our Government Be? Jon M. Bakija,Lane Kenworthy,Peter Lindert,Jeff Madrick Limited preview - 2016 |
How Big Should Our Government Be? Jon M. Bakija,Lane Kenworthy,Peter H. Lindert,Jeffrey G. Madrick No preview available - 2016 |
Common terms and phrases
after-tax wage Americans average benefits big government causal effect change in taxes Cooperation and Development correlation coun deadweight loss econometric Economic Cooperation economic growth effect of taxes elderly employment estimate evidence federal figures 3.2a finance Finland GDP per person government expenditure government spending high-income households incentive income distribution income tax rates increase in taxes inequality infrastructure Jäntti Japan Kenworthy labor supply Lindert log real GDP Luxembourg marginal tax rates market failures ment nations negative effect nomic OECD OECD countries Organization for Economic panel participation decisions pension percent increase percentage of GDP percentage points Piketty policies pre-tax income productive productive economic progressive taxes public social purchasing power parity recession reduce regression relative rent-seeking rising Saez share of GDP Slemrod social expenditures social programs Social Security social spending social transfers statistically Sweden taxation top 1 percent top income trend United variables welfare World Bank