• Think long / George P. Shultz
• Policy principles : lessons from the Fed's past / Allan H. Meltzer
• The market view : incentives matter / Peter Fisher
• Monetary policy in the financial crisis / Donald Kohn
• Concerns about the Fed's new balance sheet / James D. Hamilton
• The need for a clear and credible exit strategy / John B. Taylor
• Market-based mechanisms to reduce systemic risk / Myron Scholes
• Policy issues facing the market for credit derivatives / Darrell Duffie
• Should the federal reserve be a systemic stability regulator? / Andrew Crockett
• Regulatory deficiencies and the bear stearns crisis / Michael Halloran
• Why and how resolution policy must be improved / Richard Herring.

Expert contributors examine the recent actions of the Federal Reserve and suggest directions for the Fed going forward by drawing on past political, historical, and market principles. They explain how the Fed arrived at its current position, offer ideas on how to exit the situation, and propose new market-based reforms that can help keep the Fed on the road to good monetary policy in the future.
(source: Nielsen Book Data)

• Soviet strategy 1962-1970 / Robert Strausz-Hupé
• Future Soviet foreign policy / Herbert S. Dinerstein
• Soviet strengths and weaknesses / Kurt L. London
• The Sino-Soviet alliance / Richard L. Walker
• Sino-Soviet trade and aid / George E. Taylor
• The role of economic growth / Morris Bornstein
• The effects of economic growth on Sino-Soviet strategy / G. Warren Nutter
• Objectives and priorities / Stephen D. Kertesz
• Political requirements / Gerhart Niemeyer
• Vehicles of political strategy / Arnold Wolfers
• NATO's nuclear dilemma / Henry A. Kissinger
• The Middle East and North Africa / Albert J. Meyer
• The Far East / Frank N. Trager
• Alliance in the Western Hemisphere / William S. Stokes
• The politicalization of strategy / William R. Kinter
• Address to the conference on January 23, 1963 / Senator Henry M. Jackson
• Address to the conference on January 24, 1963 / Walt W. Rostow --

• Escalation and its strategic context / Herman Kahn
• Toward a strategy of supremacy / Stefan T. Possony
• An approach to military strategy / James D. Atkinson
• Nuclear explosives and the Atlantic community / Edward Teller
• Managing the arms race / Thomas C. Schelling
• An approach to economic strategy / Virgil Salera
• Military alliance and mutual security / Oskar Morgenstern
• Strategic leverage from aid and trade / James R. Schlesinger
• Developed and underdeveloped areas / Karl Brandt
• Budget trends of the 1960's / Otto Eckstein
• Costs of alternative military strategies / Murray L. Weidenbaum
• National security and competing costs / Roger A. Freeman
• Economic growth : issues and prospects / Henry W. Briefs and Joseph L. Tryon
• Economic growth and U.S. strategy / Edward S. Mason
• Monetary and fiscal policies in U.S. strategy / Gottfried Haberler
• Tax policies, economic growth, and strategy / Norman B. Ture
• Industrial and human resources in U.S. strategy / Irving H. Siegel
• Assuring the primacy of national security / W. Glenn Campbell.

• Introduction: A Framework for the Analysis of Macroeconomics and Electoral Politics Macroeconomic and Institutional Background The Demand for Economic Outcomes The Supply of Economic Outcomes I. MACROECONOMIC AND INSTITUTIONAL BACKGROUND
• 1. Postwar American Macroeconomic Performance in Historical Perspective Growth and Unemployment Inflation The Bias toward Inflation Monetary Policy, the Financial System, and Economic Stabilization Fiscal Policy and Economic Stabilization The Security-Inflation Trade-Off
• 2. The Costs of Unemployment Defining, Interpreting, and Measuring Unemployment The Aggregate Costs of Unemployment The Incidence of Unemployment The Costs of Unemployment to Individuals
• 3. The Costs of Inflation Defining and Measuring Inflation Recent Trends and Fluctuations in the Underlying Inflation Rate Inflation and the Distribution of Personal Income Inflation and Personal Income Growth Rates Inflation and Corporate Profitability Saving, Investment, and Inflation Inflation&#39--s True Costs II. THE DEMAND FOR ECONOMIC OUTCOMES
• 4. Public Concern about Inflation and Unemployment The Salience of the Economy as a Public Issue The Distribution of Concern about Inflation and Unemployment in the General Electorate The Distribution of Concern about Inflation and Unemployment among Income, Occupational, and Partisan Groups
• 5. Macroeconomic Performance and Mass Political Support for the President The Political Support Model Empirical Results A Concluding Word on the Economy and Political Support for Presidents
• 6. Economic Performance and the 1980 and 1984 Elections Landslide Elections in Recent History Election Cycle Economics in 1980 and 1984 Rule-of-Thumb Statistical Models for Presidential Voting Outcomes Evidence from the Surveys Implications for the Future of Conservative Republicanism III. THE SUPPLY OF ECONOMIC OUTCOMES
• 7. Political Parties and Macroeconomic Policies and Outcomes The Party Cleavage Model Unemployment and Real Output under the Parties Empirical Results for the Models Distributional Outcomes under the Parties Macroeconomic Policies
• 8. Political Business Cycles The Theory of Election Cycles Empirical Analysis of Election Cycles Election Cycles and Partisan Cycles Politics and the Economy
• 9. Macroeconomic and Distributional Outcomes during Reagan&#39--s First Four Years Macroeconomic Goals, Policies, and Outcomes under Reagan Distributional Politics and Partisan Cleavages in Congress Distributional Consequences of the Reagan Fiscal Program The Legacy of Reaganomics to the American Political Economy Notes Index.
• (source: Nielsen Book Data)

Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Douglas Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups "win" and "lose" from inflations and recessions. He also shows how voters' perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents. Hibbs's analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters' behavior at the polls. The consequences of Eisenhower's last recession, of Ford's unwillingness to stimulate the economy, of Carter's stalled recovery were electorally fatal, whereas Johnson's, Nixon's, and Reagan's successes in presiding over rising employment and real incomes helped win elections. The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party's core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes. Hibbs's interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s-a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.
(source: Nielsen Book Data)

• Preface-- Introduction and overview--
• 1. Organizational challenges--
• 2. The Economic Policy Board: creation and historical evolution--
• 3. The Economic Policy Board: operation, organization, and functions--
• 4. The 1975 State of the Union tax proposals--
• 5. The U.S.-U.S.S.R. grain agreement--
• 6. The 1976 footwear import decision--
• 7. The Economic Policy Board: an evaluation--
• 8. Organizing the White House for presidential decision making-- Appendix: Three organizational models: adhocracy, centralized management, and multiple advocacy-- Bibliography-- Index.
• (source: Nielsen Book Data)

Presidential Decision Making describes two organizational challenges the President faces - the interrelatedness of the issues he is expected to address and the fragmented structure of the executive departments and offices he presides over. The dynamics and problems of the Presidency are illuminated in this inside account of decision making in the White House. Newly elected presidents invariably proclaim their commitment to an enlarged role for cabinet, department, and agency heads but often abandon the effort after a few months in office. The Economic Policy Board, a cabinet-level body established shortly after Gerald Ford became President, was one of the most systematic and sustained attempts to organize advice for the President in recent decades. This book examines in detail the Board's deliberations over three controversial policy issues: the 1975 State of the Union tax proposals, the U.S.-U.S.S.R. Grain Agreement, and the 1976 footwear import decision. In evaluating these decisions and assessing the Board, which Gerald Ford called 'the most important institutional innovation of my administration', the author draws on scores of interviews with cabinet officials and career civil servants. The author proposes methods for organizing the decision-making process in the White House and for structuring the cabinet-level committees.
(source: Nielsen Book Data)

• Preface-- Introduction and overview--
• 1. Organizational challenges--
• 2. The Economic Policy Board: creation and historical evolution--
• 3. The Economic Policy Board: operation, organization, and functions--
• 4. The 1975 State of the Union tax proposals--
• 5. The U.S.-U.S.S.R. grain agreement--
• 6. The 1976 footwear import decision--
• 7. The Economic Policy Board: an evaluation--
• 8. Organizing the White House for presidential decision making-- Appendix: Three organizational models: adhocracy, centralized management, and multiple advocacy-- Bibliography-- Index.
• (source: Nielsen Book Data)

Presidential Decision Making describes two organizational challenges the President faces - the interrelatedness of the issues he is expected to address and the fragmented structure of the executive departments and offices he presides over. The dynamics and problems of the Presidency are illuminated in this inside account of decision making in the White House. Newly elected presidents invariably proclaim their commitment to an enlarged role for cabinet, department, and agency heads but often abandon the effort after a few months in office. The Economic Policy Board, a cabinet-level body established shortly after Gerald Ford became President, was one of the most systematic and sustained attempts to organize advice for the President in recent decades. This book examines in detail the Board's deliberations over three controversial policy issues: the 1975 State of the Union tax proposals, the U.S.-U.S.S.R. Grain Agreement, and the 1976 footwear import decision. In evaluating these decisions and assessing the Board, which Gerald Ford called 'the most important institutional innovation of my administration', the author draws on scores of interviews with cabinet officials and career civil servants. The author proposes methods for organizing the decision-making process in the White House and for structuring the cabinet-level committees.
(source: Nielsen Book Data)

One-Armed Economist represents a personal, if eclectic, approach to public policy. Weidenbaum avoids doctrinaire positions, be they Keynesian or monetarist or supply side or libertarian. This distillation of Weidenbaum's wide range of writings on public policy issues over the last four decades draws on his practical experience in government and business as well as his academic research over that extended period. The volume covers six major clusters of policy issues: economic policy, government programs, business decision-making, government regulation, the defense sector, and the international economy. There are chapters on how to achieve a cleaner environment, how to fundamentally overhaul the tax and health care systems, and a defense of Reaganomics. The work examines how public sector activities impact the performance of the national economy. Its coverage includes the role of government as a buyer, a seller, a provider of credit, and a source of subsidy and support. Drawing heavily on his experience as economist for a major military contractor, Weidenbaum shows that the defense industry is the most heavily regulated sector of the American economy and discusses ways to modernize the arcane and wasteful process of procuring weapon systems. He also draws on his work on the hidden costs of regulation on the consumer, showing how to improve the regulatory process so as to achieve national objectives while minimizing the burdens of compliance. The last section is devoted to the international economy, with chapters on the role of the overseas enterprises. One-Armed Economist is lucid analysis of major public policy issues of our time. As such it will be of special interest to organizations involved in public policy, think tanks, and government policymaking groups, as well as readers interested in fresh perspectives on a broad range of policy issues.
(source: Nielsen Book Data)

"On The Other Hand" gives a view, derived from 56 years of participating in and observing Washington economics, of the economic policy and economic talk of our time. It examines controversy over economic growth, poverty, employment, taxes and deficits; discusses the role of presidents and their advisers in the formation of economic policy; and assesses the ideas of economists whose theories have influenced economic practice.
(source: Nielsen Book Data)

This text presents a broad overview of the American political economy, focusing on changing patterns of state-economy relations in the course of the past century.
(source: Nielsen Book Data)

To the distinguished economic historian Jonathan Hughes, the ambiguous outcomes of attempted deregulation signal America's urgent need to probe the origins of our vast and chaotic maze of government economic controls. Why do government restrictions on the economy continue to proliferate, in spite of avowed efforts to allow the market a freer rein? How did this complicated network of nonmarket economic controls come about and whose purposes does it serve? How can we render such controls less destructive of productivity and wealth-creating activity? While exploring these questions, Jonathan Hughes updates his classic book The Governmental Habit to reflect the experience of what he calls the "wild ride" of the last fifteen years and to include a survey of new thinking about the problems of government intervention and control of economic life. Hughes's comprehensive work provides a narrative history of governmental involvement in the U.S. economy from the colonial period to the present, arguing convincingly that the "governmental habit" is deeply rooted in the country's past. In the lively and accessible style of the earlier book, The Governmental Habit Redux contends that modern American government is basically an enormous version of American colonial regimes. Changes in scale have transformed what was once an acceptable pattern into a conglomeration of inefficient and wasteful bureaucracies.
(source: Nielsen Book Data)

• Introduction
• A matter of pedigree
• Continental expansion
• The first reaction
• The search for stability
• The guaranteed economy and its future
• Epilogue: The long view.

To the distinguished economic historian Jonathan Hughes, the ambiguous outcomes of attempted deregulation signal America's urgent need to probe the origins of our vast and chaotic maze of government economic controls. Why do government restrictions on the economy continue to proliferate, in spite of avowed efforts to allow the market a freer rein? How did this complicated network of nonmarket economic controls come about and whose purposes does it serve? How can we render such controls less destructive of productivity and wealth-creating activity? While exploring these questions, Jonathan Hughes updates his classic book The Governmental Habit to reflect the experience of what he calls the "wild ride" of the last fifteen years and to include a survey of new thinking about the problems of government intervention and control of economic life. Hughes's comprehensive work provides a narrative history of governmental involvement in the U.S. economy from the colonial period to the present, arguing convincingly that the "governmental habit" is deeply rooted in the country's past. In the lively and accessible style of the earlier book, The Governmental Habit Redux contends that modern American government is basically an enormous version of American colonial regimes. Changes in scale have transformed what was once an acceptable pattern into a conglomeration of inefficient and wasteful bureaucracies.
(source: Nielsen Book Data)