Housing and Economics: the American Dilemma

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Author :
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Housing and Economics: the American Dilemma by : Michael A. Stegman

Download or read book Housing and Economics: the American Dilemma written by Michael A. Stegman and published by MIT Press (MA). This book was released on 1971 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Housing and Economics" brings together in a single comprehensive volume a number of scholarly articles focused on the applied economic and financial problems of rebuilding America's housing stock. In relating the financial to the economic dimensions of low income housing solutions, this compilation bridges the gap between the theoretical and applied approaches to the economic implications of such solutions and programs. Thus the volume both complements existing housing analyses concerned with the general operations of the housing market and detailed studies of particular programs and presents a coherent statements on the applied economic analysis of one aspect of national housing policy.The book has been organized into four main sections embracing macro- and micro-economic contexts, components of housing costs, programatic evolution, and analysis of emerging housing proposals. Each of the major sections is introduced by an essay which offers both an overview and an original analysis of the papers that follow. The readings range from the Douglas Commission's summary of housing needs to staples such as "filtering," taxes, and finance--from industrial efficiency to the effects of guaranteed annual income. Many of the articles are widely regarded as, or destined to become, "modern" classics. Together, they are directed to a wide audience of educators, students, and practitioners in city planning, housing, social welfare, and economics.Among the major contributors are: Sherman Maisel, Wallace Smith, Jerome Rothenberg, Leland Burns, Eugene Smolensky, Louis Winnick, William Grigsby, Anthony Downs, George Sternlieb, and the editor, Michael Stegman.

The Dream Revisited

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231545045
Total Pages : 643 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Dream Revisited by : Ingrid Ellen

Download or read book The Dream Revisited written by Ingrid Ellen and published by Columbia University Press. This book was released on 2019-01-15 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: A half century after the Fair Housing Act, despite ongoing transformations of the geography of privilege and poverty, residential segregation by race and income continues to shape urban and suburban neighborhoods in the United States. Why do people live where they do? What explains segregation’s persistence? And why is addressing segregation so complicated? The Dream Revisited brings together a range of expert viewpoints on the causes and consequences of the nation’s separate and unequal living patterns. Leading scholars and practitioners, including civil rights advocates, affordable housing developers, elected officials, and fair housing lawyers, discuss the nature of and policy responses to residential segregation. Essays scrutinize the factors that sustain segregation, including persistent barriers to mobility and complex neighborhood preferences, and its consequences from health to home finance and from policing to politics. They debate how actively and in what ways the government should intervene in housing markets to foster integration. The book features timely analyses of issues such as school integration, mixed income housing, and responses to gentrification from a diversity of viewpoints. A probing examination of a deeply rooted problem, The Dream Revisited offers pressing insights into the changing face of urban inequality.

Housing and Economics: the American Dilemma

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Author :
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 554 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Housing and Economics: the American Dilemma by : Michael A. Stegman

Download or read book Housing and Economics: the American Dilemma written by Michael A. Stegman and published by MIT Press (MA). This book was released on 1971 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Housing and Economics" brings together in a single comprehensive volume a number of scholarly articles focused on the applied economic and financial problems of rebuilding America's housing stock. In relating the financial to the economic dimensions of low income housing solutions, this compilation bridges the gap between the theoretical and applied approaches to the economic implications of such solutions and programs. Thus the volume both complements existing housing analyses concerned with the general operations of the housing market and detailed studies of particular programs and presents a coherent statements on the applied economic analysis of one aspect of national housing policy.The book has been organized into four main sections embracing macro- and micro-economic contexts, components of housing costs, programatic evolution, and analysis of emerging housing proposals. Each of the major sections is introduced by an essay which offers both an overview and an original analysis of the papers that follow. The readings range from the Douglas Commission's summary of housing needs to staples such as "filtering," taxes, and finance--from industrial efficiency to the effects of guaranteed annual income. Many of the articles are widely regarded as, or destined to become, "modern" classics. Together, they are directed to a wide audience of educators, students, and practitioners in city planning, housing, social welfare, and economics.Among the major contributors are: Sherman Maisel, Wallace Smith, Jerome Rothenberg, Leland Burns, Eugene Smolensky, Louis Winnick, William Grigsby, Anthony Downs, George Sternlieb, and the editor, Michael Stegman.

Housing America

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Author :
Publisher : Routledge
ISBN 13 : 1351514989
Total Pages : 378 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Housing America by : Randall G. Holcombe

Download or read book Housing America written by Randall G. Holcombe and published by Routledge. This book was released on 2017-07-05 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing policy not only aff ects all Americans' quality of life, but has a direct impact on their fi nancial well being. About 70 percent of American households own their own homes, and for most, their homes represent the majority of their net worth. Renters are aff ected by housing policy. Even the small minority of Americans who are homeless are aff ected by housing policies specifi cally targeted to low-income individuals.The government's increasing involvement in housing markets, fed by popular demand that government "do something" to address real problems of mortgage defaults and loans, provides good reason to take a new look at the public sector in housing markets. Crises in prime mortgage lending may lower the cost of housing, but the poor and homeless cannot benefi t because of increases in unemployment. Even the private market is heavily regulated. Government policies dictate whether people can build new housing on their land, what type of housing they can build, the terms allowed in rental contracts, and much more.This volume considers the eff ects of government housing policies and what can be done to make them work better. It shows that many problems are the result of government rules and regulations. Even in a time of foreclosures, the market can still do a crucial a job of allocating resources, just as it does in other markets. Consequently, the appropriate policy response may well be to signifi cantly reduce, not increase, government presence in housing markets. Housing America is a courageous and comprehensive eff ort to examine housing policies in the United States and to show how such policies aff ect the housing market.

An American Dilemma Revisited

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 0871541572
Total Pages : 358 pages
Book Rating : 4.8/5 (715 download)

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Book Synopsis An American Dilemma Revisited by : Obie Clayton

Download or read book An American Dilemma Revisited written by Obie Clayton and published by Russell Sage Foundation. This book was released on 1996-03-14 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study examining research and development projects and capital improvements, and changes in productivity and profitability in selected American manufacturing industries and companies from 1980 to 1989. Special attention is given to the effects of substantial investment increases on productivity and profitability changes. Annotation copyright by Book News, Inc., Portland, OR

The American Non-Dilemma

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610447891
Total Pages : 430 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis The American Non-Dilemma by : Nancy DiTomaso

Download or read book The American Non-Dilemma written by Nancy DiTomaso and published by Russell Sage Foundation. This book was released on 2013-01-17 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Civil Rights movement of the 1960s seemed to mark a historical turning point in advancing the American dream of equal opportunity for all citizens, regardless of race. Yet 50 years on, racial inequality remains a troubling fact of life in American society and its causes are highly contested. In The American Non-Dilemma, sociologist Nancy DiTomaso convincingly argues that America's enduring racial divide is sustained more by whites' preferential treatment of members of their own social networks than by overt racial discrimination. Drawing on research from sociology, political science, history, and psychology, as well as her own interviews with a cross-section of non-Hispanic whites, DiTomaso provides a comprehensive examination of the persistence of racial inequality in the post-Civil Rights era and how it plays out in today's economic and political context. Taking Gunnar Myrdal's classic work on America's racial divide, The American Dilemma, as her departure point, DiTomaso focuses on "the white side of the race line." To do so, she interviewed a sample of working, middle, and upper-class whites about their life histories, political views, and general outlook on racial inequality in America. While the vast majority of whites profess strong support for civil rights and equal opportunity regardless of race, they continue to pursue their own group-based advantage, especially in the labor market where whites tend to favor other whites in securing jobs protected from market competition. This "opportunity hoarding" leads to substantially improved life outcomes for whites due to their greater access to social resources from family, schools, churches, and other institutions with which they are engaged. DiTomaso also examines how whites understand the persistence of racial inequality in a society where whites are, on average, the advantaged racial group. Most whites see themselves as part of the solution rather than part of the problem with regard to racial inequality. Yet they continue to harbor strong reservations about public policies—such as affirmative action—intended to ameliorate racial inequality. In effect, they accept the principles of civil rights but not the implementation of policies that would bring about greater racial equality. DiTomaso shows that the political engagement of different groups of whites is affected by their views of how civil rights policies impact their ability to provide advantages to family and friends. This tension between civil and labor rights is evident in Republicans' use of anti-civil rights platforms to attract white voters, and in the efforts of Democrats to bridge race and class issues, or civil and labor rights broadly defined. As a result, DiTomaso finds that whites are, at best, uncertain allies in the fight for racial equality. Weaving together research on both race and class, along with the life experiences of DiTomaso's interview subjects, The American Non-Dilemma provides a compelling exploration of how racial inequality is reproduced in today's society, how people come to terms with the issue in their day-to-day experiences, and what these trends may signify in the contemporary political landscape.

Dilemmas of Urban America

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Author :
Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4./5 ( download)

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Book Synopsis Dilemmas of Urban America by : Robert C. Weaver

Download or read book Dilemmas of Urban America written by Robert C. Weaver and published by . This book was released on 1966 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An American Dilemma Revisited

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610441249
Total Pages : 358 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis An American Dilemma Revisited by : Obie, Jr. Clayton

Download or read book An American Dilemma Revisited written by Obie, Jr. Clayton and published by Russell Sage Foundation. This book was released on 1996-03-07 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book must be regarded as a greatly important contribution to race relations literature. It is invaluable for the manner in which authors combine the lessons of history with insightful analyses of empirical data to demonstrate patterns of change over the past fifty years in the status of African Americans... Provocative and stimulating reading." —James E. Blackwell, University of Massachusetts, Boston "Presents a wide-ranging reanalysis of the seminal work done by Gunnar Myrdal in 1944, examining virtually every issue that Myrdal noted as relevant to the American race question. In so doing, Clayton and his contributors have brought the matter up to date and shown how the American dilemma continues into the twenty-first century." —Stanford M. Lyman, Florida Atlantic University Fifty years after the publication of An American Dilemma, Gunnar Myrdal's epochal study of racism and black disadvantage, An American Dilemma Revisited again confronts the pivotal issue of race in American society and explores how the status of African Americans has changed over the past half century. African Americans have made critical strides since Myrdal's time. Yet despite significant advances, strong economic and social barriers persist, and in many ways the plight of African Americans remains as acute now as it was then. Using Myrdal as a benchmark, each essay analyzes historical developments, examines current conditions, and investigates strategies for positive change within the core arenas of modern society—political, economic, educational, and judicial. The central question posed by this volume is whether the presence of a disproportionately African American underclass has become a permanent American phenomenon. Several contributors tie the unevenness of black economic mobility to educational limitations, social isolation, and changing workplace demands. The evolution of a more suburban, service-dominated economy that places a premium on advanced academic training has severely constrained the employment prospects of many urban African Americans with limited education. An American Dilemma Revisited argues that there is hope to be found both in black educational institutions, which account for the largest proportion of advanced educational degrees among African Americans, and in the promotion of black community enterprises. An American Dilemma Revisited asks why the election of many African American leaders has failed to translate into genuine political power or effective policy support for black issues. The rise in membership in Pentecostal and Islamic denonimations suggests that many blacks, frustrated with the political detachment of more traditional churches, continue to pursue more socially concerned activism at a local level. Three essays trace social disaffection among blacks to a legacy of police and judicial discrimination. Mistrust of the police persists, particularly in cities, and black offenders continue to experience harsher treatment at all stages of the trial process. As Myrdal's book did fifty years ago, An American Dilemma Revisited offers an insightful look at the continuing effects of racial inequality and discrimination in American society and examines different means for removing the specter of racism in the United States.

The American Housing Question

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1793636494
Total Pages : 175 pages
Book Rating : 4.7/5 (936 download)

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Book Synopsis The American Housing Question by : Randolph Hohle

Download or read book The American Housing Question written by Randolph Hohle and published by Rowman & Littlefield. This book was released on 2021-10-20 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Housing Question reframes the question of affordable housing through the concepts of urban citizenship and racism. Randolph Hohle argues that when we consider who benefits from affordable housing, we end up with a complex story of inclusion and exclusion and of privilege and mobility centered around race and social class. Historically, affordable housing’s underlying logic was to create the conditions for white people to exercise the privilege of mobility. Affordable housing policy was first and foremost about granting white people the ability to live in racially-segregated neighborhoods within and across urban areas. When the beneficiaries of affordable housing policy were predominately white, the state proceeded with a comprehensive and multifaceted plan to supply housing, including public housing, subsidizing the construction of market rate housing, rental vouchers, and rent control. The white response to the Civil Rights era – the precursor to neoliberal urban policy – privatized public housing, switched the responsibility to provide affordable housing to the market, and created the conditions for the financialization of housing in the twenty-first century that have made housing unaffordable for everyone. As the author aptly demonstrates, solving America’s housing question means addressing both racism and revaluing the notion of the public.

An American Dilemma, Volume 1

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Author :
Publisher : Transaction Publishers
ISBN 13 : 1560008563
Total Pages : 814 pages
Book Rating : 4.5/5 (6 download)

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Book Synopsis An American Dilemma, Volume 1 by : Gunnar Myrdal

Download or read book An American Dilemma, Volume 1 written by Gunnar Myrdal and published by Transaction Publishers. This book was released on 1996 with total page 814 pages. Available in PDF, EPUB and Kindle. Book excerpt: This landmark effort to understand African-American people in the New World provides deep insight into the contradictions of American democracy as well as a study of a people within a people. The touchstone of this classic is the jarring discrepancy between the American creed of respect for the inalienable rights to freedom, justice, and opportunity for all and the pervasive violations of the dignity of blacks.

The Geography of Opportunity

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Publisher : Rowman & Littlefield
ISBN 13 : 0815797788
Total Pages : 375 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Geography of Opportunity by : Xavier de Souza Briggs

Download or read book The Geography of Opportunity written by Xavier de Souza Briggs and published by Rowman & Littlefield. This book was released on 2006-03-30 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: A popular version of history trumpets the United States as a diverse "nation of immigrants," welcome to all. The truth, however, is that local communities have a long history of ambivalence toward new arrivals and minorities. Persistent patterns of segregation by race and income still exist in housing and schools, along with a growing emphasis on rapid metropolitan development (sprawl) that encourages upwardly mobile families to abandon older communities and their problems. This dual pattern is becoming increasingly important as America grows more diverse than ever and economic inequality increases. Two recent trends compel new attention to these issues. First, the geography of race and class represents a crucial litmus test for the new "regionalism"—the political movement to address the linked fortunes of cities and suburbs. Second, housing has all but disappeared as a major social policy issue over the past two decades. This timely book shows how unequal housing choices and sprawling development create an unequal geography of opportunity. It emerges from a project sponsored by the Civil Rights Project at Harvard University in collaboration with the Joint Center for Housing Studies and the Brookings Institution. The contributors—policy analysts, political observers, social scientists, and urban planners—document key patterns, their consequences, and how we can respond, taking a hard look at both successes and failures of the past. Place still matters, perhaps more than ever. High levels of segregation shape education and job opportunity, crime and insecurity, and long-term economic prospects. These problems cannot be addressed effectively if society assumes that segregation will take care of itself. Contributors include William Apgar (Harvard University), Judith Bell (PolicyLink), Angela Glover Blackwell (PolicyLink), Allegra Calder (Harvard), Karen Chapple (Cal-Berkeley), Camille Charles (Penn), Mary Cunningham (Urban Institute), Casey Dawkins (Virginia Tech), Stephanie DeLuca (Johns Hopkins), John Goering (CUNY), Edward Goetz (U. of Minnesota), Bruce Katz (Brookings), Barbara Lukermann (U. of Minnesota), Gerrit Knaap (U. of Maryland), Arthur Nelson (Virginia Tech), Rolf Pendall (Cornell), Susan J. Popkin (Urban Institute), James Rosenbaum (Northwestern), Stephen L. Ross (U. of Connecticut), Mara Sidney (Rutgers), Phillip Tegeler (Poverty and Race Research Action Council), Tammy Tuck (Northwestern), Margery Austin Turner (Urban Institute), William Julius Wilson (Harvard).

An American Dilemma

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Author :
Publisher :
ISBN 13 :
Total Pages : 800 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis An American Dilemma by : Gunnar Myrdal

Download or read book An American Dilemma written by Gunnar Myrdal and published by . This book was released on 1944 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An American Dilemma

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Author :
Publisher : Routledge
ISBN 13 : 1351532022
Total Pages : 814 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis An American Dilemma by : Gunnar Myrdal

Download or read book An American Dilemma written by Gunnar Myrdal and published by Routledge. This book was released on 2017-11-13 with total page 814 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark effort to understand African American people in the New World, Gunnar Myrdal provides deep insight into the contradictions of American democracy as well as a study of a people within a people. The title of the book, 'An American Dilemma', refers to the moral contradiction of a nation torn between allegiance to its highest ideals and awareness of the base realities of racial discrimination. The touchstone of this classic is the jarring discrepancy between the American creed of respect for the inalienable rights to freedom, justice, and opportunity for all and the pervasive violations of the dignity of blacks. The appendices are a gold mine of information, theory, and methodology. Indeed, two of the appendices were issued as a separate work given their importance for systematic theory in social research. The new introduction by Sissela Bok offers a remarkably intimate yet rigorously objective appraisal of Myrdal—a social scientist who wanted to see himself as an analytic intellectual, yet had an unbending desire to bring about change. 'An American Dilemma' is testimonial to the man as well as the ideas he espoused. When it first appeared 'An American Dilemma' was called "the most penetrating and important book on contemporary American civilization" by Robert S. Lynd; "One of the best political commentaries on American life that has ever been written" in The American Political Science Review; and a book with "a novelty and a courage seldom found in American discussions either of our total society or of the part which the Negro plays in it" in 'The American Sociological Review'. It is a foundation work for all those concerned with the history and current status of race relations in the United States.

Stuck in Place

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226924262
Total Pages : 261 pages
Book Rating : 4.2/5 (269 download)

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Book Synopsis Stuck in Place by : Patrick Sharkey

Download or read book Stuck in Place written by Patrick Sharkey and published by University of Chicago Press. This book was released on 2013-05-15 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1960s, many believed that the civil rights movement’s successes would foster a new era of racial equality in America. Four decades later, the degree of racial inequality has barely changed. To understand what went wrong, Patrick Sharkey argues that we have to understand what has happened to African American communities over the last several decades. In Stuck in Place, Sharkey describes how political decisions and social policies have led to severe disinvestment from black neighborhoods, persistent segregation, declining economic opportunities, and a growing link between African American communities and the criminal justice system. As a result, neighborhood inequality that existed in the 1970s has been passed down to the current generation of African Americans. Some of the most persistent forms of racial inequality, such as gaps in income and test scores, can only be explained by considering the neighborhoods in which black and white families have lived over multiple generations. This multigenerational nature of neighborhood inequality also means that a new kind of urban policy is necessary for our nation’s cities. Sharkey argues for urban policies that have the potential to create transformative and sustained changes in urban communities and the families that live within them, and he outlines a durable urban policy agenda to move in that direction.

An American Dilemma

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Author :
Publisher : Routledge
ISBN 13 : 1351532030
Total Pages : 812 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis An American Dilemma by : Gunnar Myrdal

Download or read book An American Dilemma written by Gunnar Myrdal and published by Routledge. This book was released on 2017-11-13 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark effort to understand African American people in the New World, Gunnar Myrdal provides deep insight into the contradictions of American democracy as well as a study of a people within a people. The title of the book, 'An American Dilemma', refers to the moral contradiction of a nation torn between allegiance to its highest ideals and awareness of the base realities of racial discrimination. The touchstone of this classic is the jarring discrepancy between the American creed of respect for the inalienable rights to freedom, justice, and opportunity for all and the pervasive violations of the dignity of blacks. The appendices are a gold mine of information, theory, and methodology. Indeed, two of the appendices were issued as a separate work given their importance for systematic theory in social research. The new introduction by Sissela Bok offers a remarkably intimate yet rigorously objective appraisal of Myrdal—a social scientist who wanted to see himself as an analytic intellectual, yet had an unbending desire to bring about change. 'An American Dilemma' is testimonial to the man as well as the ideas he espoused. When it first appeared 'An American Dilemma' was called "the most penetrating and important book on contemporary American civilization" by Robert S. Lynd; "One of the best political commentaries on American life that has ever been written" in The American Political Science Review; and a book with "a novelty and a courage seldom found in American discussions either of our total society or of the part which the Negro plays in it" in 'The American Sociological Review'. It is a foundation work for all those concerned with the history and current status of race relations in the United States.

The Divided City

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Author :
Publisher : Island Press
ISBN 13 : 1610917812
Total Pages : 346 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis The Divided City by : Alan Mallach

Download or read book The Divided City written by Alan Mallach and published by Island Press. This book was released on 2018-06-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Divided City, urban practitioner and scholar Alan Mallach presents a detailed picture of what has happened over the past 15 to 20 years in industrial cities like Pittsburgh and Baltimore, as they have undergone unprecedented, unexpected revival. He spotlights these changes while placing them in their larger economic, social and political context. Most importantly, he explores the pervasive significance of race in American cities, and looks closely at the successes and failures of city governments, nonprofit entities, and citizens as they have tried to address the challenges of change. The Divided City concludes with strategies to foster greater equality and opportunity, firmly grounding them in the cities' economic and political realities.

The 4% Solution

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Author :
Publisher : Crown Currency
ISBN 13 : 0307986152
Total Pages : 370 pages
Book Rating : 4.3/5 (79 download)

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Book Synopsis The 4% Solution by : The Bush Institute

Download or read book The 4% Solution written by The Bush Institute and published by Crown Currency. This book was released on 2012-07-17 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy