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Contends that the central problem of the U.S. economy has been for some years now, and for the foreseeable future will continue to be, the slowdown in the growth of living standards. This decline began in the early 1970s, was masked by a resort to overseas borrowing in the early 1980s, and now threatens to get worse in the years immediately ahead as the foreign debt bills come due.

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Juries are the one place where common citizens play an important part in the governmental process. But both the jury system and the American legal system itself have been under attack.

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The information age technology revolution promises enormous benefits to the U.S. and global economies. Yet if those benefits are to be fully realized, policymakers in the U.

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Brings together economists and experts in liability law and the insurance industry to formulate sound public policy. Led by Robert Litan and Clifford Winston, the contributors describe the major changes that have contributed to the insurance crunch and set forth a methodological framework for evaluating the debate over the current liability system.

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Once we paid for things with bills, coins, or checks. Today we pay with zeroes and ones digital entries on credit and debit cards, or electronic messages sent over the Internet.

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Addresses the key issues of concern regarding the emerging markets, including the trends, motivations, and scope of foreign direct investment in finance; policy options that will best capture the opportunities of foreign entry; and the role of foreign institutions in e-finance innovation.

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The Future of Domestic Capital Markets in Developing Countries addresses the challenges that countries face as they develop and strengthen capital markets.

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The twenty-first-century telecommunications landscape is radically different from the one that prevailed as recently as the last decade of the twentieth century. This book presents the kind of fundamental rethinking needed to bring communications policy in line with technological advances.

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The right to a jury trial is a fundamental feature of the American justice system. In recent years, however, aspects of the civil jury system have increasingly come under attack.

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Continuing technological advances, coupled with the removal of controls on deposit interest rates and barriers to interstate bank expansion, have ushered in a new age of competition among banks themselves and between banks and other types of financial institutions. What Should Banks Do offers a new and controversial proposal for carefully circumscribed diversification.

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Outlines a framework for setting policy toward the American financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles that lie at the heart of that framework.

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Until now, discussion of the impact of the Internet on the economy has been mostly speculation. In Beyond the Dot.coms, two of America's most respected economists articulate the anticipated economic impact of the Internet over the next five years. Robert Litan and Alice Rivlin address the Internet's potential impacts on productivity, prices, and market structure.