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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.

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.

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.

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.

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.

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 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.

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.

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 "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.

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.

Presents information on the contribution of competent officer, Ed Meese, in tackling the law and order situation in the U.S. Information that the U.S. government under the presidentship of Ronald Reagan cut social welfare budgets, attacked legal services and adopted strong law-and-order rhetoric and programs; Meese's record for prosecuting pot smokers and student protesters around Berkeley that brought him to the attention of Reagan; Information that Meese dealt most directly with the riots and protest that shook California.

Presents information on the social role of rich people and lavish living in the U.S. Impact of the social role of rich people and lavish living on U.S. President Ronald Reagan's economic policies; Discussion of Reagan's tax plan that involves massive cuts in corporate taxes; Assumption that in the U.S. today the greatest consumers of wealth are also the greatest producers of wealth; Information on two kinds of money; Report that a growing opportunity for tax-free high living is, of all things, charity and, in particular, corporate contributions to the arts; View that the travel industry is only somewhat less dependent than restaurants on tax-deductible customers; Fact that business consumption deductions reduce tax revenues.

Focuses on the performance of the U.S. economy. Report that between the mid-1940s and the late 1960s liberalism successfully married the modern welfare state to principles of Keynesian demand-management of the economy; Comment on the position of the U.S. in international competition; Information on programs like Social Security, Medicare and welfare; Definition of social justice as an equitable distribution of income and of public goods like clean air, clean water, opportunities for outdoor recreation, safe products, and safe working environments; Impact of proposals to relax regulations governing health, safety and the environment on distribution of public goods; Reestablishment of a rational connection between prosperity and social justice; Comment on participation of labor in the management.

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 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.

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.

Focuses on political and economic developments in the U.S. Information that top level industrial stocks average a normal yield of about 5 percent; View that the strength of the dollar depends not upon gold but upon what is being produced in the farms and the factories; Chances of some coverage to the Canada's national election; Comment that the worst hit politician so far is not a Democrat but a powerful Republican Congressman, Carl Andersen from Minnesota.

Presents information on several political and economic developments in the U.S. Information about the role of regulatory agencies in the regulating commercial activities in the U.S.; Comment on the performance of U.S. President John F. Kennedy; Comments on policies of former U.S. President Dwight D. Eisenhower and Harry S. Truman; Description of effects of the Communist infiltration in the U.S.

Focuses on issues related to poll tax, inflation and recent political developments in the U.S. Discussions against the anti-poll-tax bill; Opinion of members of the U.S. House to end poll taxes; Predictions regarding the fate of Democrats and Republicans in the coming elections; Information on congressional discussions to reduce inflation; Increase of consumer pressure in the U.S. Senate; Effect of food-subsidies on inflation.

Focuses on economic developments in the U.S. Role of banking business in economic prosperity of the U.S. Report on increasing bank dividends and extra dividends; Rise in small house-building; Information on U.S. President Franklin D. Roosevelt's silver policy; Accumulation of silver by China to dump on the London market.

This article presents information about inflation in the U.S. economy. The present administration inherited a price level which had been stable since early 1951. But Federal Reserve policies and Administration actions have now given hard money and inflation. In many ways this is the worst of all worlds except to those for whom high interest rates cannot dampen speculative enthusiasm. The consumer and small businessman pay higher prices for things they need and either find it difficult or impossible to borrow money.

Focuses on the demand for a loan by Mexico from the U.S. to meet its development and industrialization needs. Lack of knowledge among Americans as to the economic and financial policies of the governments they are helping; View that the problems faced by Mexico are one which grows out of a young and newly native capitalism; Statement that Mexico's income-tax collections are very less as compared with that of the U.S.

Offers a look at the National Association of Manufacturers (NAM) program initiated by Robert R. Wason, the association's president, in favor of the citizens of the U.S. Discussion on the price control policy of the NAM; Claim that the NAM is composed of 15,000 producing companies, which produce 85 percent of all manufactured goods in the U.S.; Survey on opinions of businessmen regarding extension of the price control policy; Link between the NAM and the American Meat Institute and the National Association of Real Estate Boards.

Presents author's views on the U.S. foreign loans. View that the U.S. foreign loans involves two process: a foreign government or city spending more than its revenues and an American banker selling bonds; View that the purpose of public borrowing is always to balance income with outgo; Information on the conditions necessary to borrow effectively; Method used by France to wipe out 80 percent of its public debt; Information that mutual agreement between the debtor government and its bondholders has been a very common method of canceling public debt; Focus on the causes of national deficits.

The article focuses on the natural resources policy in the United States. In 1850 three-fourths of the land in the United States belonged to the government the result of acquisitions by purchase, treaties and war. Large grants to railroads and canal companies and small grants to homesteaders have pulled down the government's participation in land-holding, and today less than one-fourth of the land is federally owned. But this one-fourth has been carefully developed and conserved. Whether the government will continue to protect the public domain for the benefit of all the people or give it over for the benefit of a few special interests rests with U.S. President Dwight D. Eisenhower, Secretary of Interior Douglas McKay and the 83rd U.S. Congress.

The article comments on the U.S. President Harry S. Truman's budget and tax messages. In his budget message, the President estimated that tax laws now in effect will raise about $55 billion in fiscal year 1952. Expenditures for fiscal year 1952 are estimated at $71.6 billion. Estimates of such magnitude obviously cannot be exact. Some of the expenditures proposed. such as those for the military services, may have to be estimated. Nevertheless, it is clear that the prospective deficit of $16.5 billion forecast in the budget message does indicate fairly the magnitude of the tax problem.

Reports political and socio-economic issues in the U.S. Opposition the Army authorities to any further degree of national ownership of munitions plants; Presentation of economic program by the two leading organizations of employers, Chamber of Commerce and the National Association of Manufacturers to President Franklin D. Roosevelt; Conviction of Communist and World War Veteran for criminal syndicalism violations; Reaction of the canners and wholesalers to the consumer advice by "The Market Basket."

Presents information on political and economic developments in the U.S. Views on the tax bill; Information on a worldwide monetary conference to be held in London; Announcement of formation of new corporations for stabilizing the stock and bond markets; Action by the U.S. government on currency inflation; Discussion on socialism in the new regime in Chile; Focus on Chilean revolution; Need of emergency laws to deal with crisis; Repeal of the Eighteenth Amendment by the industrialist John D. Rockefeller; Inclusion of a measure for a 3-percent tax on the business of privately owned electric companies; Decision by courts to safeguard African Americans; Prosecution of an American citizen and a member of the Communist party, Israel Lazar, under the Pennsylvania Sedation Act;

Presents an article from a series of five articles, which are condensed and adapted in the book "A Planned Society." Mobilization of the army to substitute garden cities for slums, to restore soil fertility and reforest waste regions, to carry out flood control, and to increase the necessities of life; Demands made by U.S. government agencies to raise and equip a gigantic modern army; Comments on the development of an economic planning system for the army, the navy and other great purchasers; Discussion of a system of federal employment exchanges to economize the supply of labor; Explanation of the procedure of war finance; Causes of inflation during the war.

Presents an overview of political developments in the U.S. Description of Communist Demonstration; Introduction of Democratic-Republican tax bill; Focus on achievement of peace in the modern world; Outline of the Lindberg case of kidnapping; Discussion on relation of public emotion with Lindberg case; Role of the federal bill in kidnapping cases; Utilization of the opportunity for displaying at worst vulgar arts by mass media; Announcement that France trying to bring about a customs union among Austria, Hungary and members of the Little Entente; View on constitutional amendment in regard with elections; Information on infant-mortality rate; Focus on economic position of the country.

Focuses on inflation and its impact on an economy. Definition of inflation, noting it occurs during economic periods where prices are rising; Economic theory related to the measures that can be employed to fight inflation, including wage reductions and interest rate changes; Impact of borrowing and lending from banks on the money supply; Application of economic policy through the Federal Reserve Bank system and the tools available to the Federal Reserve; Reserve requirements for banks as a method to fighting inflation; Interest-rate changes as a method to curbing inflation; Discussion of open market sales of government securities as a method to fighting inflation; How banks prefer inflation be fought; Effects of inflation-fighting measures on the small borrower; Recommendation that federal budgets be balanced and federal spending on social welfare increase.

Focuses on the new type of inflation which has come to be referred to in Washington as administrative inflation. Information on reports in the periodicals emphasizing the uncertainty that general credit controls can deal with price rise; Details about the report of the U.S. Senate Antitrust and Monopoly Subcommittee according to which the inflation in wholesale prices has been largely in the concentrated industries; Discussion of three types of inflation and the relation among them; Analysis of the period of inflation following the Second World War and the start of the Korean War; Comparison of price changes from the second quarter of 1957 before the sharp recession began to the second quarter of 1958 when industrial production reached its lowest point.

Focuses on the political and socio-economic issues concerning the U.S. Plan of the country to hold a conference for the purpose of considering the revision of the Chinese tariffs; Details on the reply of Germany to the French note on the security pact; Accounts on the usefulness of the League of Nations on forced labor in Portuguese Africa.

Presents information regarding political developments from around the world with emphasis on the U.S. Analysis of the precarious political condition of Europe as revealed by the leak of a confidential cabinet circulation in Great Britain; Suggestion that Great Britain must be guided, in the present unsettled state of things, by strictly selfish policies; Proposal for a mutual compact of security in which Germany should be included; Observation that France will pay her debt to the U.S. on her own but it will depend upon she receives from Germany; Comment of the naval men of the U.S. that the defenses of the country's islands are pitifully inadequate; Observation that the U.S. will develop Hawaii as the strongest outpost targeted at Japan; Observation that World War I broke that monopoly of potash which rested with excessive weight upon intensive agriculture; Intention of the U.S. congress to repeal war-time passport control and the espionage act; Information that since the close of the last session of U.S. Congress the Workers Health Bureau has made a survey of the legislative status of occupational disease, revealing a distinctly unsatisfactory situation.

Presents information on political and economic events of several countries. Information about the political situation of Europe; Description of the Dawes plan for economic development in Europe; Information on payments made by Germany for the loss of all her colonies and the abolition of her armies; Comment on the policy of U.S. President Calvin Coolidge about the Ku Klux Klan issue; Information on the arrival of the Prince of Wales in the U.S.; Information about the Cabot Fund report regarding working hours of industrial workers in the U.S.; Reasons which has prevented the League of Nations from adopting the American plan for suppressing the opium traffic through India; Description of the trial and sentence of Bolshevists leader Boris Savinkov by the Soviet Union's Supreme Military Tribunal; Views of U.S. Senator Simeon Fess on forthcoming elections in the U.S.