Path to Prosperity: Hamilton Project Ideas on Income Security, Education, and Taxes

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Created in 2006, The Hamilton Project at the Brookings Institution advances innovative ideas to promote America's long-term economic growth, provide for broad-based participation in that growth, and enhance the economic security of American families. Its premise is that securing economic growth and economic security are mutually reinforcing objectives, as growth is stronger and more sustainable when people are freer to take risks, able to bounce back from hardship, and less inclined to protectionism. While free markets are the cornerstone of economic growth, there is a necessary role for robust government action to achieve these goals. In Path to Prosperity, the first book to emerge from this ambitious program, a group of America's best economic minds propose policy ideas on three topics essential to broad-based economic growth: improving income security, building a highly skilled workforce, and reforming the tax system.
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Editorial Reviews

From the Publisher
"Refreshing...this is a valuable, timely volume that can be used in academic seminars, undergraduate and graduate, as well as in policy debates. Highly recommended." — CHOICE
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Product Details

  • ISBN-13: 9780815730125
  • Publisher: Brookings Institution Press
  • Publication date: 4/28/2008
  • Pages: 272
  • Product dimensions: 7.00 (w) x 9.20 (h) x 1.60 (d)

Meet the Author

Jason Furman is the director of the Hamilton Project, a Brookings policy initiative aimed at promoting economic growth and opportunity. A formerWhite House adviser, he has conducted research and policy work on issues that include taxes, health care and Social Security. Jason E. Bordoff is policy director of the Hamilton Project at the Brookings Institution.

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Table of Contents

1 Path to prosperity Roger C. Altman Altman, Roger C. Jason E. Bordoff Bordoff, Jason E. Jason Furman Furman, Jason Robert E. Rubin Rubin, Robert E. 1

2 Fundamental restructuring of unemployment insurance : wage-loss insurance and temporary earnings replacement accounts Jeffrey R. Kling Kling, Jeffrey R. 29

3 Reforming unemployment insurance for the twenty-first-century workforce Lori G. Kletzer Kletzer, Lori G. Howard Rosen Rosen, Howard 63

4 Improving opportunities and incentives for saving by middle- and low-income households William G. Gale Gale, William G. Jonathan Gruber Gruber, Jonathan Peter R. Orszag Orszag, Peter R. 93

5 Success by ten : intervening early, often, and effectively in the education of young children Jens Ludwig Ludwig, Jens Isabel Sawhill Sawhill, Isabel 127

6 Summer opportunity scholarships : a proposal to narrow the skills gap Alan B. Krueger Krueger, Alan B. Molly F. McIntosh McIntosh, Molly F. 159

7 Identifying effective teachers using performance on the job Robert Gordon Gordon, Robert Thomas J. Kane Kane, Thomas J. Douglas O. Staiger Staiger, Douglas O. 189

8 College grants on a postcard : a proposal for simple and predictable federal student aid Susan M. Dynarski Dynarski, Susan M. Judith E. Scott-Clayton Scott-Clayton, Judith E. 227

9 Investing in the best and brightest : increased fellowship support for American scientists and engineers Richard B. Freeman Freeman, Richard B. 261

10 The simple return : reducing America's tax burden through return-free filing Austan Goolsbee Goolsbee, Austan 291

11 Reforming corporate taxation in a global economy : a proposal to adopt formulary apportionment Reuven S. Avi-YonahAvi-Yonah, Reuven S. Kimberly A. Clausing Clausing, Kimberly A. 319

12 Taxing privilege more effectively : replacing the estate tax with an inheritance tax Lily L. Batchelder Batchelder, Lily L. 345

Contributors 383

Index 393

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