INCLUDES INDEX.

U.S. economy at the crossroads. --Economic growth and productivity / Michael J. Boskin -- Inflation : a perspective from the 1970s / John L. Scadding -- Nature of the contemporary unemployment problem / John H. Pencavel -- New social regulation : implications and alternatives / David J. Teece -- United States and the world economy / John T. Cuddington & Ronald I. McKinnon -- Federal government taxes and tax reform / John B. Shoven -- State and local finance in the 1980s / George F. Break -- Federal government spending and budget policy / Michael J. Boskin -- Social security and welfare : what we have, want, and can afford / Laurence J. Kotlikoff -- Defense spending and the uncertain future / Henry S. Rowen -- Energy problems and policies / James L. Sweeney -- Competition and health care costs / Patricia Drury & Alain Enthoven.