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

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Overview

Since its launch in 2006, the Hamilton Project at Brookings has produced extensive research on how to create a growing economy that benefits all Americans. Its pragmatic work aims to increase opportunities for broad-based wealth, economic security, and enduring growth. Path to Prosperity, the first book to emerge from the Hamilton Project, presents important and original work to that end.

P ath to Prosperity focuses on three key criteria for fostering broadly shared economic growth: enhancing economic security, building a highly skilled work force, and reforming the tax system. Income security proposals offer methods for reforming unemployment insurance, protecting against the risk of reemployment at a lower wage after job loss, and improving incentives for retirement saving. Education proposals build human capital by improving each level of education, from preschool programs for poor children to graduate fellowships in math and science. The tax proposals seek to make taxation simpler, more progressive, and better suited to a global economy.

Contributors include Roger C.Altman, Reuven S.Avi-Yonah, Jason E. Bordoff, Kimberly A. Clausing, Susan M. Dynarski, Molly E. Fifer, Richard B. Freeman, Jason Furman,William G. Gale,Austan Goolsbee, Robert Gordon, Jonathan Gruber,Thomas J. Kane, Lori Kletzer, Jeffrey R. Kling, Alan B. Krueger, Jens Ludwig, Peter R. Orszag, Howard F. Rosen, Robert Rubin, Isabel Sawhill, Judith E. Scott-Clayton, and Douglas O. Staiger.

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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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