Education:

• Ph.D., Economics, University of California, Berkeley 1974
• A.B., Social Studies, Harvard University, Magna Cum Laude, 1968

Teaching Interests:

• Macroeconomics
• Public Finance

Activities and Honors:

• Grants: The Brookings Institution; The American Enterprise Institute;  The Federal Reserve Bank of Philadelphia;  McCahan Foundation for Research in Economic Security, W. E. Upjohn Institute for Employment Research.

Recent Publications:

•  Public Finance. McGraw-Hill, 2008.
• “Overcoming the Zero Interest-Rate Bound: A Quantitative Prescription” (with Kenneth A. Lewis) Journal of Policy Modeling, forthcoming.
• “Reply to: ‘The New Classical Counter-Revolution: False Path or Illuminating Complement?’” (with Kenneth A. Lewis) Eastern Economic Journal Fall 2007.
• "Fiscal Policy to Counter Recessions: Triggered Transfers to Households" (with Kenneth A. Lewis) in Per Gunnar Berglund and Matias Vernengo (eds.), The Means to Prosperity: Fiscal Policy Reconsidered, Routledge, 2006.
• Pouring Liberal Wine Into Conservative Bottles.  Lanham, MD:  University Press of America, 2005.
• “Responsible Health Insurance Revisited: Pouring Liberal Wine Into a Conservative Bottle.” Inquiry, Summer, Volume 42, Number 2,  pp. 118-128, Summer 2005.
• "Social Security:  What Now?" Tax Notes, January 24, 2005
• Economics Parables and Policies, M.E. Sharpe, 3rd Edition, July 2004.
• "Managing a Bulge: Policy Options for Social Security" (with K. Lewis), Public Finance Review, July 2004.
• "A Progressive Value Added Tax: Has Its Time Finally Come?" Tax Notes, June 7, 2004.
• "Getting Back to the Earned Income Tax Credit:  The Next EITC Reform"  (with Saul D. Hoffman), Tax Notes, Vol. 100, No.11, pp. 1429-1436, 2003.
• "The Later You Pay, the Higher the K" (with K. Lewis) Southern Economic Journal, Vol. 69, pp.560-77, 2003.
• Automatic Fiscal Policies to Combat Recessions, M. E. Sharpe, 2003.
• Helping Working Families:  The Earned Income Tax Credit, (with Saul D. Hoffman), Upjohn Institute for Employment Research, Kalamazoo, MI, 2003.
• "Then and Now– The Earned Income Tax Credit" (with Saul D. Hoffman), Employment Research, The W. E. Upjohn Institute for Employment Research, January, 2003.
• "Tax-Based Income Policies," in J. E. King (ed.), Post-Keynesian Economics, Elgar, 2003
• "Tax Cuts and Tax Reform -- Let’s Fix the EITC" (with Saul D. Hoffman) Indicators, Vol. 2, No.2, Spring 2003.