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This paper proposes that high savings out of top incomes contributed to the steady wealth income ratio amongst US households.

Better designed retirement savings incentives that target lower-income workers would make a real difference in workers’ retirement preparedness.

We raise some basic conceptual questions regarding global development goals: Why have them at all? What function, if any, might they serve, and under what conditions could they do so successfully?

The shale industry’s poor market position is due to both external market forces and questionable business practices.

This paper contributes to the theory of the time-varying multiplier.

Path dependency is defined, and three different specific concepts of path dependency – cumulative causation, lock in, and hysteresis – are analyzed.


SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.