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When Americans decided for independence in the spring of 1776 they faced many difficult decisions. They were declaring there independence as independent states. John Adams, leader of the Congress an...
INTANGIBLE CAPITAL AND U.S. ECONOMIC GROWTH     INTANGIBLE CAPITAL   INTANGIBLE CAPITAL       font style='font-size:12px;'> 2015/9/21
Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, but our estimates suggest that as much as $800 billion is still...
Chairman Brady, Vice Chair Klobuchar, and other distinguished members of the Joint Economic Committee, thank you for inviting me to participate in today’s hearing, “Income Inequality in the United S...
Average income per capita in the countries of the OECD was more than 20 times larger in 2000 than that of the poorest developing countries. Two general explanations have been offered to account fo...
The Role of Entrepreneurship in US Job Creation and Economic Dynamism     the US economy  Economic Dynamism       font style='font-size:12px;'> 2015/9/18
The United States has long been viewed as having among the world’s most entrepreneurial, dynamic, and flexible economies. It is often argued that this dynamism and flexibility has enabled the US eco...
Labor Market Fluidity and Economic Performance     Labor Market Fluidity  Economic Performance       font style='font-size:12px;'> 2015/9/18
We thank Richard Rogerson, other conference participants, Claudia Goldin, Jason Faberman and Jim Spletzer for helpful comments and the Kauffman Foundation, the University of Chicago Booth School of ...
ECONOMIC POLICY in the 1980s may eventually become the most studied and hotly debated of any decade in United States history, even including the 1930s. Popular writings about the 1980s economy alr...
Increasing Economic Growth and Stability in Emerging Markets     Economic  Emerging Markets       font style='font-size:12px;'> 2015/8/3
The Bush administration’s emerging market strategy is an interrelated part of our overall international economic agenda. The agenda focuses on two goals: increasing economic growth and increasing e...
Economic Reform and the Current Account: Implementing the Strategy     Economic Reform  Current Account       font style='font-size:12px;'> 2015/8/3
Although the current account deficit of the United States—and its mirror image the current account surplus of the rest of the world—had been increasing steadily through the 1990s, international econ...
Outline of Talk • US energy history – Consumption, production and pricing by fuels • Have fossil fuels become increasingly scarce? – Evidence from oil, natural gas, coal, and “near oil...
Professor Michael Porter delivered a keynote speech at Mapping the Midwest's Future, a conference held in Minneapolis and hosted by the University of Minnesota that officially launched the new U.S. Cl...
Keynote talk about enhancing U.S. competitiveness during the Inner City 100 Symposium: Icons of Industry Growth
AdvantageWest Economic Development Group     AdvantageWest Economic Development Group       font style='font-size:12px;'> 2009/5/14
AdvantageWest Economic Development Group is western North Carolina's regional economic development commission. Chartered by the North Carolina General Assembly in 1994, AdvantageWest is a non-profit p...
In this paper, we perform a comparative segmentation and clustering analysis of the time series for the ten Dow Jones US economic sector indices between 14 February 2000 and 31 August 2008.
We examine Harold Demsetz’s (1967) prediction that property rights emerge and are refined as the benefits of doing so exceed the costs in the context of oil and gas resources in the U.S. Familiar inf...

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