Former deputy under secretary of commerce Paul London provides a blueprint for a strong U.S. economic resurgence in his latest book, The Competition Solution: The Bipartisan Secret behind American Prosperity (AEI Press, March 2005). London argues that, contrary to conventional wisdom, monetary and tax policy and efforts such as Social Security reform will not solve the country's economic problems. Instead, London argues that competition in diverse sectors of the economy led to lower prices, improved quality, and increased options for low-end customers, creating the record low unemployment and higher living standards of the 1990s. London particularly recommends more competition in the two lagging sectors of the economy—health care and education.
Please join us for a panel discussion of The Competition Solution with author Paul London, Kevin Hassett, director of economic policy studies at AEI, and Maureen Ohlhausen, acting director for policy planning of the Federal Trade Commission.
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