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The article questions the leadership ability of U.S. Federal Reserve Board chairman Alan Greenspan. He was perceived to be the dominant force in economic policy-making. An article in the February 21, 1990 issue of the "New York Times" reported that Greenspan had said that the U.S. economy's slide may have ended. The same day after such remarks, interest rates soared. But the paper's business section did not attribute the incident to Greenspan. Bond dealers blamed concern that rising interest rates overseas would increase the cost of borrowing in the U.S. One reason for believing that the Federal power has diminished is the free flow of money across national borders, seeking the highest rate of return.

The article reports on the economic developments in the U.S., particularly the potential return of stagflation, labor unrest and urban deterioration like those seen in the 1970s and how to address them. Also cited are the political and economic challenges like high inflation, the war in Ukraine, and supply chain disruptions, and the need for the Federal Reserve (Fed) to learn the monetary policy lessons of the 1970s to effectively act on the issues.

Comments on the political and economic condition in France. Lack of constructive economic policy; Refusal of the government to accept U.S. President Woodrow Wilson's integral reparations program; Charges of personal corruption against members of the government; Demand for some sort of financial policy.

The article reports on how U.S. President Joe Biden is adopting economic policies away from the theories of economist Milton Friedman. Also cited are how Friedman advocated for free markets, his argument that political democracy's influence to economic markets has resulted in significant restriction in economic, personal and political freedom, and the relationship between democracy and economic policy.

Focuses on the crisis at the Wall Street capital market. Comment on former U.S. President Richard Nixon's policy of high interest rates; Information that between 7500 and 9000 stock issues are actively traded over the counter, roughly four times more issues than are traded on the New York Exchange; Description of the impact of collapse of stock prices; Information about safeguards which can save people from economic consequences that flow from the liquidation of the capital markets.

Focuses on the stability of the Soviet organization after the death of its premier V.L. Lenin. Information that there is apparently little expectation among either the friends or the enemies of the Soviet government that any change in it is impending in the near future; Claim that three years ago, or even, two, the death of Lenin would have thrown the Soviet émigrés and the western conservative press into a paroxysm of prophecy; Dissensions, within the Communist party, from which the Soviet government admittedly draws its chief active support; Claim that none of the important factions seeks to abandon the "New Economic Policy" of concessions to private trading.

Discusses various issues related to inflation. Expansion of the means of payment intended to promote business; Introduction to the aims of the Steagall-Glass bill; Overview of the safeguards against an undue increase of credit and currency; Effect of the mentioned bill on prices in the market for stocks, bonds and commodities; Anticipation of the first effects from new measures; Text of benefits of credit expansion; Manipulation of credit and capital markets in an unplanned and individualistic economy.

Assesses the political gains and losses over the economic policy of U.S. President Ronald Reagan. Comments of Reagan on inflation and unemployment; Reaction of voters on the economic program of Reagan; Comments on a public opinion poll on the economic policy of Reagan; Discussion of a theme-setting campaign speech delivered by Reagan; Contributions made by labor unions to the political campaigns.

Presents letters to the editor referencing articles and topics discussed in previous issues. Discussion on the review of the book "Bureaucracy Convicts Itself"; View an unscrupulous political conspiracy on the part of chief Forester Gifford Pinchot; Comments on the corrupt conspiracy to slander an innocent man; Improvement in the U.S. economic policy; Opinion of author George Orwell on English writing on war; Report on Randall Jarrell's piece on poetry criticism.

Presents information on the decline of mark in the global market. Causes of the decline of mark; Impact of inflation on the decline of mark; Attempt by the Germans to pay an impossibly large reparation demand; Rumors of Germany deliberately bringing on a financial catastrophe to evade reparations; Note on the situation of factories, farms, railroads and unemployment in Germany; Deficit of 1,500 million marks on merchandise account; Increase in the amount of German foreign security holdings; Reduction of about thirteen percent in Germany's geographical area and about ten percent in her population; Impact of the Treaty of Versailles on the economic condition of Germany; Purchase of food from other countries; Dismissal of rumors suggesting that inflation was pre-planned in Germany.

Presents information on seven falsehoods about Soviet Union. Misrepresentation of Soviet Union's New Economic Policy; Falsehood of the accusations of religious prejudice against the Soviet government; Explanation for the accusation that the Social Revolutionaries are being subjected to outrageous persecution in Soviet; Comment on the lack of freedom of speech in Soviet Union; Criticism that the Soviet government deliberately ignored its own starving millions and sold needed foodstuffs for export; Falsehood about Soviet that it is today a wretched and melancholy place full of suffering; Comment on the rumor that the Soviet government is persecuting the intelligentsia and the bourgeoisie in general.

Comments on the European fiscal situation after the war. Deficits sustained by various governments; Disparities in the revenues from taxation and the expenditures; Success of England in balancing its budget; Financial soundness of the French government evidenced by its ability to reduce its bank loans; Details of the German national and foreign debts; Conditions set by the U.S. for extending aid to European nations; Role of the armistice in promoting thrift, increased production, American export credits, cancellation of Allied debts and German reparations.

Examines the approach used by the administration of U.S. President John F. Kennedy in handling the price increase made by the steel industry in 1962. Recount of the price increase incident and its consequences; Details of the investigations conducted by the government into the price increase; Criticisms drawn by Kennedy for the administration actions.

Discusses the economic conditions and economic policies in Great Britain. Acceptance of the government that one of its primary aims is the responsibility for the maintenance of a high and stable level of employment after the Second World War; Aim of the government to prevent the total expenditure for goods and services from falling when general unemployment appears; Intention of the government to plan the programs for capital expenditure five years ahead; Information on creation of consumer credits; Recognition by the government that many policies are fruitless unless wages and prices remain stable.

Comments on issues and events related to politics in the U.S. as of September 4, 1965. Criticism against the Republican position on the U.S. war in Vietnam; Views of former U.S. President Dwight Eisenhower on President Lyndon B. Johnson's economic policies; Overview of social legislation initiated by Johnson.

Comments on economic policy in the United States, in light of actions of Federal Reserve Chairman Alan Greenspan to cut interest rates. Renewal of the stock market through interest rate cuts; Report that cutting short-term rates deeply will allow the banks to make more money themselves, which is equally essential for growth; Opinion that lowering short-term rates could weaken the dollar.

Presents several letters to editor referencing articles and topics discussed in previous issues of this periodical. "Invasion of the Gannettoids," published in February 2 issue; "Spending Smarter," published in February 2 issue; "Neo-Nazi U," appearing in January 19 issue.

Discusses factors that pose a threat to free enterprise system in the United States. Possible damages that a monopoly can cause to the economy of the nation; Inadequate coverage given to a monopolistic trade practices case involving American Can Co. and Continental Can Co. Inc.; Charges of violating the Sherman Act leveled in a civil complaint against a group of banks and insurance companies in New York City; Business malpractice charges that have been leveled against A.B. Dick Co. and its dealers in an indictment; Efforts being made by the Anti-Trust Division of the Justice Department to take care of such cases of malpractice; Amendments to the anti-trust laws suggested by Governor Ellis G. Arnall of Georgia.

Focuses on the formation of Labor Policies Board, in the U.S. Agreement upon a liberal code of principles and policies with refreshing swiftness; Report that the members of the Board have set an example to employers and wageworkers throughout the country; Work of National War Labor Board; Claims that the declaration of the Labor Policies Board recognizes and affirms the right of the men to organize for collective bargaining through their own freely chosen representative.

Focuses on the charge by the Republicans that U.S. President Franklin D. Roosevelt has the support of the Communists. Reflection of the charge in newspapers; Spearhead of the Republican attack, journalist and publisher William Randolph Hearst; Criticism of Hearst's attempt to malign President Roosevelt; Statements of Republican National Committee based on a book by George N. Peek; Accusation that the economic policy of President Roosevelt, the New Deal is socialist in character.

Presents an essay by a Republican on why he will not vote for Republican President George W. Bush in the United States 2004 election. Discussion of what constitutes conservative values, such as small government and government accountability; Claim that Bush has betrayed conservative values; Criticism of Bush's economic and tax policies; Criticism of Bush's war on terrorism; Lack of accountability within Bush's administration; Powers given to the president to fight the war on terrorism; Reference to the torture of Iraqi prisoners by U.S. soldiers at Abu Ghraib prison; Lack of a defined conclusion to the war on terrorism; Lack of accountability taken by Bush for the failures in Iraq postwar planning; Claim that Secretary of Defense Donald Rumsfeld should have resigned after the scandal at Abu Ghraib; Reference to the book "Plan of Attack," by Bob Woodward; Criticism of Bush's Medicare policy; Discussion of Bush's intent to reform Social Security.

Discusses the United States economy. Lack of support of the public for President George W. Bush's economic policies; Statement that the economy and economic security is not improving for most voters; Comments made at the Democratic National Convention regarding the economic strains on middle-class families caught between stagnant earnings and rising living costs; Transfer of financial risk from corporations and the government onto families and individuals; Report conducted by the author and by Professor Nigar Nargis of the University of Dhaka on the changes in family income; Reliance of corporations on part-time, contingent and contract workers; Discussion of the income risks that come from having both parents in the workforce; Lack of governmental spending on social programs; Shift of public spending to the private sector; Reference to the book "The Stakeholder Society," by Bruce Ackerman and Anne Alstott; Benefits of Bush's economic plans to the wealthiest citizens; Praise for social insurance that provides affordable insurance for the less affluent; Reference to the book "When All Else Fails: Government as the Ultimate Risk Manager," by David Moss.

Compares the composition of the members of the cabinet and government advisers of the administrations of Bill Clinton and George W. Bush. Clinton's selection of public officers on the basis of intellectual criteria; Reflection of a return to country-club elitism and populism in the Bush Administration; Influence of the book "The Work of Nations" on the meritocracy ideology of the Clinton Administration; Problems faced by the Clinton Administration in the use of intellectuals and meritocrats in the creation of a health care policy; Advantages of the flexibility of the Clinton Administration in the development of economic policy.

Looks at a 15-year experiment with public and private cooperation on economic development projects in New York City's Harlem in light of United States President Bill Clinton's proposals for so-called third way antipoverty programs. History of the idea, and impact of previous U.S. programs, including the Harlem Urban Development Corp.; Obstacles to development in Harlem; Upper Manhattan Empowerment Zone and commercial development.

Focuses on the ideology of Texas Governor George W. Bush. Information on school and social programs that illustrate his so-called compassionate conservatism; Report on communitarian movement and its roots; Bush's view of the role of government; Impact of Indianapolis Mayor Steve Goldsmith and Harvard Professor Robert Putnam on Bush's policies; Views on economics, taxation, international affairs and international economics.

Focuses on several political and economic developments in the U.S. Account of the scenario at the time of elections in the U.S.; Comments on the manner in which media covers election campaigns; Information about the activities of U.S. President Jimmy Carter. Evaluation of the economic policies of Carter; Comment on the plans oil-producing nations to boost prices 10 percent.

Comments on fears concerning the status of the U.S. currency in the future. Threat of inflation and the loss of currency value in the U.S.; Comparison with the currencies of other countries; Implications on U.S. monetary policy; Information on a legislation before Congress to replace the dollar bill with a coin and eliminate the penny; Details of a recent General Accounting Office study that concluded, with comic exactitude, that replacing the dollar bill with a coin would save the federal government $318 million a year.

Focuses on the impact of economist John Maynard Keynes's writings on the economic policy in postwar decades. Success of Keynesian ascendancy after the War; Dismissal of the threat of inflation by the liberal Keynesians; Failure of Keynesians to detect that new problems would emerge from the conjunction of full employment with the increasing concentration of economic power on both sides of industry; Conflict between supporters of Keynes' economics and those of monetarism.

Focuses on the complexity of the political and economic turmoil in Iran. Hardships and dislocations encountered by Iran in its achievement of considerable economic progress; Revolutionary movements that have been fueled by unfulfilled expectations; Mixture of the opposition to the Shah, Mohammad Reza Pahlavi; Shah's brand of ruling which has been called "fascist"; Government's underrating of the influence of the "ayatollahs"; Sins of omission and commission of the government of the Shah; Impact of a prolonged period of chaos on the future of Iran and on the industrialized countries which rely on Iran as a major oil producer.

Focuses on the role of economists in the economic policy formulation in the U.S., with reference to the Great Depression. Failure of the government to increase job opportunities to the unemployed, which rose to around a quarter of the labor force during the depression; Statement made by president of the New York Federal Reserve Bank, warning the effects of the failure of big New York banks; Effort made by the economists to control the deflation that, brought the wholesale price index down by more than a third.

Profiles Michael Stanley Dukakis, Governor of Massachusetts. Personality of the Governor; Details of the education and career background of Dukakis; Effect of the economic policy announced and executed by Dukakis; Information on the first annual budget submitted by Dukakis asking for $700 million in new income and sales taxes; Remarks of careless nature have caused Dukakis plenty of trouble, despite a calculating image he tends to shoot. INSET: Staff Addition.

Discusses the need for an effective oil policy for the U.S. in the wake of the Arab oil embargo of 1975. Information on the energy bill; Description of the energy crisis which included waiting lines, fears of heating oil shortages and anguish over price increases; Efforts of the Congress in this regard; Appraisal of the fundamental oil problem of the U.S.; Assessment of mass transit as a solution; Examination of the supposed conflict between a sound economic policy and a sound energy policy.

Discusses the economic and political crisis facing Egypt. Importance of reaching a settlement with Israel in relation to the territory in the Sinai peninsula; Factors responsible for the economic crisis in the country; Efforts made by Egyptian President Anwar Sadat in gathering support from Arab nations and Russia; Steps taken by Sadat to promote economic development of Egypt.

Features Republican political economist Jude Wanniski. Usefulness of his supply-side economics theory; Abandonment of his political views by his fellow conservatives and the Republican Party; His support for Nation of Islam leader Louis Farrakhan; Influence of his theories on budget balancing.

Discusses the economic and political policies of Republican presidential candidate Pat Buchanan. Information on the small business bill of rights developed by Buchanan; Intention of Buchanan to abolish the inheritance tax on estates of $5 million or less; Details of his 1992 protest campaign against presidential candidate George W. Bush.

Examines the reasons which led U.S. President Bill Clinton to restore the old Democrat shibboleths, after he described himself as a new Democrat in his campaign. Promises made by Clinton in the campaign; Clinton's Cabinet choices; Priority given to cultural and social issues rather than economic issues; Exclusion of the Democratic dissenters; Clinton's inability to maneuver with Congress even before he has introduced his economic program; Domination of Wall Street liberals, K Street lawyer-lobbyists, Washington's public interest community and Southwestern oil and natural gas.

Focuses on the economic developments in the U.S. Recovery of the stock market from the twin October crashes of 1987 and 1989; Information that a nation practicing the ultra-Keynesian expansionary policy of the Reagan deficits would quickly face a run on its currency; Permission to the Federal Reserve to keep interest rates relatively low; Fall of real estate prices; Information that the Bank of Japan is now pursuing an ultra-tight money strategy; View that a quick resolution of the Persian Gulf crisis would bring down oil prices; Information that a budget agreement will give money markets a bit of reassurance and allow the Federal Reserve a token easing of monetary policy.

Focuses on the policy of U.S. politician Henry A. Kissinger toward Iraq. Comments on the relationship between the trade association U.S.-Iraq Business Forum and Iraqi President Saddam Hussein's regime; Opposition of the economic sanctions on Iraq, which were under consideration after Hussein's use of poison gas against the Kurds was revealed; Discussion of the financing of the Forum's pro-Iraq activities.

Explores the growing use of Japanese money to influence United States economic policy and enhance the American public's impressions of Japan. Millions of dollars spent on think tanks, lobbyists, universities, corporations and law offices to achieve the goals; Structural corruption being created by the money; Critical role of think tanks in U.S. policy making; Clout and access provided by the lobbyists and advisers assembled by Japan in Washington and Congress.

Presents speculations about the likely economic policy of U.S. presidential candidate Michael Dukakis' administration. Evaluation of the record of Dukakis as governor; Inclination towards activist government and social spending; Defeat of Dukakis for re-election in 1978; Discussion on partnership approaches to economic development.

Comments on the significance of the Nuclear Arms Proliferation Treaty of 1968 for Pakistan. Information that the treaty halted the transfer of nuclear weapons technology to countries on the verge of making the bomb; Discussion on the progress made by Pakistan in building nuclear weapons; Reasons why it's wrong to single out Pakistan for nuclear policing; Argument that the teeth of the treaty should be economic sanctions against those countries that violate it; Need to think beyond economic sanctions.

Comments on the "Strategic Investment Initiative" announced by Democratic candidate Gary Hart for modernizing the U.S. with a focus on efforts made by other Democrats to win political support. Information on Hart's steel program for modernizing automobile, machine-tools and energy industries; View that all Democratic candidates think that the nation needs to de-emphasize its military and political rivalry with the Soviet Union and put more brains and resources into the economic rivalry with Japan; Emphasis given by Hart to improve education for making further inroads into economic progress; Reasons why Hart has not supported any military actions of the U.S.; Description of Hart's foreign policy and his political outlook.

Presents the experiences of the article author on living in Austin, Texas at a time when the expected oil boom had gone bust. Differences between life on the Eastern coast where the author had lived all his life and life in Texas; Information on the oil prices a few months after the author moved to Texas; Factors related to the oil boom which were most appreciated by the Texans; Attitude of the Texans towards money; Importance given by Texans to free enterprise; Denial on part of Texas to admit that its economy was based on oil; Problems faced by the author while trying to sell his house; Similarities between the life in Texas and life in New England where he moved from Texas.

Focuses on the policy of the administration of U.S. President Ronald Reagan toward Mexico. Prediction made by Paul Gorman, former head of the U.S. Southern Command, and Democrats Ted Sorensen and Jerry Brown that Mexico will be a major security problem on the U.S.'s southern border; Stability of the administration of Mexican President Miguel de la Madrid; Fear of the Reagan administration that millions of Mexican refugees will flee to the U.S., with spies and terrorists mixed in, creating a necessity to pull U.S. troops out of Europe to fortify the border; Similarities in the governance of Chicago and Mexico; Transition of de la Madrid's economic management.

Presents information on the economic summit to be hosted at Colonial Willliamsburg, a historical theme park in the United States. Information that each visiting dignitary will be housed in a restored seventeenth-century home; Discussion on the economic summits held at Venice, Italy and Versailles, France; Comment of the capacity of Williamsburg; Statement that the presummit bargaining has produced a superficial consensus on the divisive issue of economic growth; Description of the world's pressing economic woes.

Focuses on the high technology competition between the U.S. and Japan. Impact of America's ban on exports of high technologies to the Soviets; Reaction of western European countries in wake of the sanctions; Importance of gas pipeline for Western European countries; Impact of Europe's defiance of the pipeline ban; Loss of markets for American technology companies to Japanese and European companies; Role of high technology components in the international trade; Criticism of the U.S. economic policies toward Latin America.

Focuses on the political career of U.S. President Franklin D. Roosevelt. Role of Roosevelt in the economic development of the U.S.; Approach of Roosevelt in World War II, 1939-1945; Use of Radio by Roosevelt to expand democracy in the U.S.; Collapse of an organized industrial and political community in Europe; Comments on the Marshall Plan and the Truman Doctrine.

Focuses on the life and works of U.S. President Franklin D. Roosevelt. Characteristics of Roosevelt as a politician; Methodology used by Roosevelt in achieving his goals; Apprehensions on the nature of personal characteristics of Roosevelt; Achievements of Roosevelt in world affairs; Comments on his dealings with Soviet dictator Joseph Stalin; Role of Roosevelt in the economic development of the U.S.