In June 2015, nearly 75 experienced leaders from across business, government, labor, academia, and media gathered at Harvard Business School to discuss a topic of increasing concern in America: How can our nation continue to remain competitive while also providing a path to prosperity for more citizens? This report highlights the group’s deliberations and summarizes the HBS research that was presented during the convening.
Complexity in the tax code has negative redistributive and growth consequences that have only accelerated over time as more and more policy goals are now implemented through the tax system.
Recent merger transactions highlight long-simmering problems in the U.S. corporate tax, particularly with respect to its international provisions.
A printable version of the report on the February 2014 AOTM National Summit.
Prepared as background for the America on the Move National Summit and used to identify experts, viewpoints, and data sources.
The U.S. corporate tax code is broken. High rates and perverse incentives drive capital away from the corporate sector and toward other uses and countries. Professor Mihir A. Desai believes a handful of changes could fix all that.
Some of the world’s most original thinkers explain the competitiveness challenge America faces and point the way forward.
Innovation, the classic basis for U.S. success in world markets, rests on foundational institutions, such as research centers, incubators for entrepreneurs, and skills training vehicles, that provide fertile soil in which to seed, grow, and renew enterprises, writes Professor Rosabeth Moss Kanter.
Professors Robin Greenwood and David Scharfstein make recommendations in three important domains in which the U.S. financial system has underperformed: financial stability, housing finance, and investment costs.
Professors Josh Lerner and William A. Sahlman explore the role of entrepreneurial ventures in addressing pressing problems like energy, the environment, healthcare, and education, while also driving productivity and domestic job growth in the U.S.
The last three decades have seen American capitalism transformed by a simple idea—that the evaluation and compensation of managers and investors should be outsourced to financial markets, says Professor Mihir A. Desai.
The world is interdependent, and the U.S. economy is still too large for anyone to profit from a rapid decline in its well-being.