Center for Effective Public Management

The Initiative on 21st Century Capitalism

REUTERS/Lucas Jackson - An electronic board shows the negative moves of the market above the floor of the New York Stock Exchange, June 29, 2015.

Blog Post

More builders and fewer traders: A growth strategy for the American economy

July 1, 2015, William A. Galston and Elaine Kamarck

Everyone knows that there are lots of things wrong with the American economy. To name just a few problems: growth has been low and inequality high; the middle class is shrinking and not benefitting from increases in productivity; business investment is down and the financial sector is booming. In this post, William Galston and Elaine Kamarck discuss their strategy for realigning incentives in the American economy for long-term growth. 

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