American Domestic Priorities: An Economic Appraisal

Large deficits, increased military and social security expenditures, and the "New Federalism" have put the future of many domestic programs in doubt. How would further cuts in federal funding for these programs affect our society? Can such cuts significantly reduce the federal deficit? Can Administration attempts to transfer public functions form the federal government to the states succeed?

In this volume, a group of prominent economists, many of whom have served in Republican or Democrati...