Table of Contents:
  • 1. The invisible hand in modern macroeconomics
  • 2. An old Keynesian counterattacks
  • 3. Current controversy in macroeconomics: the four schools
  • 4. Introduction to the Kennedy reports / Robert M. Solow and James Tobin
  • 5. Okun's Law: how policy and research helped each other
  • 6. On Crotty's critique of q-theory / William Brainard and James Tobin
  • 7. Review of 'Stabilizing an unstable economy' by Hyman P. Minsky
  • 8. Monetary policy
  • 9. The case for preserving regulatory distinctions
  • 10. Monetary policies in the 1980s
  • 11. Monetary policies in the 1980s and beyond
  • 12. Statement on monetary policy
  • 13. Remarks on international considerations for US monetary policy in the near term
  • 14. Statement on Federal Reserve reform proposals
  • 15. Legacies of Reaganomics
  • 16. Statement on the federal budget deficit
  • 17. Policy for recovery and growth
  • 18. Thinking straight about fiscal stimulus and deficit reduction
  • 19. One or two cheers for the invisible hand
  • 20. Nation states and the Wealth of Nations: challenges and opportunities in an ever more interdependent world
  • 21. Prospects for prosperity and growth in democratic capitalist economies
  • 22. On living and trading with Japan: United States commercial and macroeconomic policies
  • 23. The international monetary system: pluralism and interdependence
  • 24. Poverty in relation to macroeconomic trends, cycles and policies
  • 25. Social security, public debt and economic growth
  • 26. Health care reform as seen by a general economist.