Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
My Favorite Two Corporate Finance Puzzles . . . . . . . . . . . . . . . 5
Harold Bierman
The Solvency of Federal Welfare Entitlement Programs: Social
Security and Medicare . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
George H. Borts
The Corporate Sector as a Net Exporter of Funds: Additional Evidence 31
John B. Guerard, Jr.
Piscal Folicy 101—Economic Policy Meets Partisan Politics . . . . . . . 51
John Hilley
A Taxonomy of Utility Functions . . . . . . . . . . . . . . . . . . . . . . 61
Benjamin J. Gillen and Harry M. Markowitz
Equilibrium and Disequilibrium Growth: a Comment
on a Comment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Robert Solow
Reputational Risk and Conflicts of Interest
in Banking and Finance: The Evidence So Far . . . . . . . . . . . . . . 75
Ingo Walter
Seeking Common Ground on Globalization . . . . . . . . . . . . . . . . 99
Murray Weidenbaum
Tax Reform Then and Now . . . . . . . . . . . . . . . . . . . . . . . . . 109
J. Richard Aronson
Joseph A. Schumpeter: Not Guilty of Plagiarism
but of “Infelicities of Attribution” . . . . . . . . . . . . . . . . . . . . . 115
Nicholas W. Balabkins
Economics and the Tanakh—the Hebrew Bible . . . . . . . . . . . . . . 127
Harriet L. Parmet