The President is pleading for a drastic reform of our tax system that would exempt corporate dividends from the personal income tax, using the bugaboo of double taxation and of a weak economy. However, upon closer examination, one must conclude that these are but excuses for advancing his real...

These are the page proofs of the interview of Franco Modigliani by William A. Barnett and Robert Solow. The interview was published in the journal, Macroeconomic Dynamics, in 2000. Since William Barnett is one of the two interviewers, he now is permitted, by Cambridge University Press, to make...

This essay offers an unsystematic sketch of seval ways in which economists have approached the need to represent and model changes in technology. It begins with the failures of Ricardo and Mill to respond adequately to the continueing increase of productivity after the Industrial Revolution, and...

Quelles sont les conséquences pour les travailleurs peu qualifiés et peu rémunérés des mutations économiques des vingt-cinq dernières années ? En France, la part des travailleurs à bas salaire est relativement faible, mais leurs conditions de travail sont particulièrement dures. Cette...

Paul Samuelson was one of the few men who earned himself a significant place in economics. He was in himself a starting point. We are fortunate to have Robert Solow, his colleague and long-time friend, discuss how Samuelson changed economics. Samuelson was a member of Challenge's Editorial...