Mr Blinder concludes that the tax system would be simpler and more efficient if it were left to an independent agency, in the same way as monetary policy.

ECONOMIST: Fiscal flexibility

The process of saving and paying for college needed to be made fairer, simpler, and more efficient.

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There is no doubt that many tax expenditures need to be curtailed or repealed to create a fairer, simpler, and more efficient tax system.

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The tax system would be simpler, fairer and more efficient.

ECONOMIST: America's budget deficit

"We are making progress in our multi-year effort to make HP simpler, more efficient and better for customers, employees, and shareholders, " said Meg Whitman, HP president and chief executive officer.

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They believe that the simpler more efficient design will also significantly reduce operations and maintenance costs.

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