The $3 Trillion Prize for Busting Bureaucracy (and How to Claim it)
Abstract
Around the world, productivity growth has stalled out. While some hope that a “second machine age” will reverse the slump, we think that wringing bureaucracy out of the economy offers a more promising and less speculative route to boosting productivity. By our calculations, busting bureaucracy would add $3 trillion to economic growth in the US alone. Dismantling bureaucracy won’t be easy, but it has to happen — bureaucracy must die. This paper...
Paper Details
Title
The $3 Trillion Prize for Busting Bureaucracy (and How to Claim it)
Published Date
Jan 1, 2016
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