"The second liberal gripe against Carter is that he lost to Reagan. As the saying went, Carter was defeated by the thr…"

"There does seem to me a latent danger— no part of the intention of present European leaders— implicit in the developm…"

"Federal Reserve chairman Paul Volcker essentially eliminated M1 as a target indicator. His successor, Alan Greenspan,…"

"This is a time of testing — a testing not only of our capacity collectively to reach coherent and intelligent policie…"

"Productivity growth in this country has actually been negative in a recent period. And, we have had higher oil prices…"

"In the 1950s and 1960s, a substantial number of economists taking on a role of social philosopher defended a "little"…"

"It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towa…"

"We live in a world in which individuals and busi­nessmen… they want to do so unencumbered by national boundaries. At …"

"The happy days of Bretton Woods, often viewed today with nostalgia, were a special case, workable because of a partic…"

"I start from the premise that the underlying pres­sures toward integration and interdependence are growing stronger, …"