The Economic Growth Program aims to chart a growth path through the post-bubble world economy by advancing pro-growth policy reforms and bringing innovative solutions to the forefront of public debate. We strive to promote a more balanced pattern of domestic and international growth that creates a stronger productive economy capable of supporting rising living standards for all Americans.

  • article | October 01, 2013 |

    Forget The Wealth Effect

    It’s Time to Focus on The Income Effect to Understand the Sluggish Economy

    Peter W. Atwater
    The “wealth effect” concept is remarkably simple: spending increases (decreases) as perceived wealth increases (decreases). When people perceive th...
  • article | September 13, 2013 |

    Looking Back at the Financial Crisis

    The Role of Saturating Overconfidence

    Peter W. Atwater
    It has been five years since the failure of Lehman Brothers and the beginning of the global financial crisis. Over this time, dozens of books have ...
  • book | May 01, 2012 |

    Private Empire

    ExxonMobil and American Power

    Steve Coll
    In Private Empire Steve Coll investigates the largest and most powerful private corporation in the United States, revealing the true extent of its ...
  • book | April 01, 2012 |

    Land of Promise

    An Economic History of the United States

    From one of America’s leading intellectuals comes a sweeping and original work of economic history, recounting the epic story of America’s rise to ...

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