Economic Policy Options

Abstract

With an eye on the future, this chapter examines the implications of the book’s findings, and how they link to the concerns about growth raised by Gordon and by Summers, and to the warnings about the high levels of government debt raised by Rogoff. The chapter explores how all these issues will play out in the near future, resulting in several policy change recommendations, designed to reduce exposure to risk; these include the development of long-term policy frameworks and eliminating the double taxation of dividends (offsetting it with a tax increase on households with higher income levels). It also briefly discusses cybersecurity concerns.