Inaugural book from the George W. Bush Institute offers solutions to America’s need for economic growth

The George W. Bush Institute’s first book addresses our nation’s most critical issue: the economy. The 4% Solution: Unleashing the Economic Growth America Needs, written by the nation’s brightest economic minds and to be released July 17, is a blueprint for 4% GDP growth.

“Rather than discuss dry and dated theory or sit back and watch economic policy play victim to politics, The 4% Solution sets the ambitious goal of sustainable GDP growth of four percent and provides actionable solutions to reach that goal,” said James K. Glassman, executive director of the Bush Institute.

The 4% Solution includes a foreword by President George W. Bush and introduction by Glassman. Edited by Brendan Miniter, the Institute’s editorial director, The 4% Solution features chapters from five Nobel laureates and other leading thinkers. Some of the contributors are:

• Robert Lucas on the history and future of economic growth.
• Edward Prescott on how government spending programs can hurt the economy.
• Myron Scholes on why innovation is crucial.
• Gary Becker on why our economy will continue to need immigrants.
• Vernon Smith and Steven Gjerstad on how the housing market impacts the broader economy.
• Amity Shlaes on growth lessons from President Calvin Coolidge.
• Steven Hayward and Kenneth Green on how the U.S.’s own energy reserves can ignite an economic boom.
• Kevin Hassett on spending, taxes and a roadmap to 4% growth.

The 4% Solution is a cornerstone for the Bush Institute’s 4% Growth Project.