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August 01st 2013:The Competition Solution: Can it Recreate the “Glorious Prosperity” of the 1990s Today?

We all yearn for a return of the 1990s when the US economy was the envy of the world: 20+ million new jobs, soaring investment & productivity, low inflation. How did the US do it? Tax cuts? Slashing government spending? Balancing the budget? “None of the above” says Dr. Paul A. London, Chief Economist of The Stern Group. That “glorious” prosperity resulted from decades of political struggles that brought real competition to key industries: transport, steel, retail, finance, telecom. This liberated “people’s vital energies,” allowed new entrants, stimulated innovation & forced prices down. Whil

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Dr. Paul A. London

Chief Economist at The Stern Group, Inc., Dr. London brings a wealth of experience to corporations, trade associations, law firms and consultancies in the manufacturing, healthcare, energy and utilities, not to mention top-level positions at the US DOC as senior policy advisor on the White House Task Force on Medical Errors, the HHS Task Force on Health Care Privacy and on interagency groups focused on healthcare costs; and as deputy undersecretary for Economics and Statistics. He served as a visiting fellow at the American Enterprise Institute where he authored The Competition Solution, The Bipartisan Secret Behind American Prosperity; executive director of the Coalition of Northeastern Go
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