Michael C. Macchiarola on Stephen H. Axilrod: Inside the Fed – Monetary Policy and Its Management, Martin Through Greenspan to Bernanke
Michael C. Macchiarola
Volume 10, Number 3, 2009, page 201
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Lynne Nikolychuk on Gerben Bakker: Entertainment Industrialised: The Emergence of the International Film Idustry, 1890-1940
Lynne Nikolychuk
Volume 10, Number 3, 2009, pages 195 - 200
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The Secret of Canadian Banking: Common Sense?
Laurence Booth
Volume 10, Number 3, 2009, pages 1 - 18
This article looks at the basic reasons why the Canadian banking system was recently judged by the World Economic Forum to be the soundest in the world. It does so by first examining the basic functions of a financial system and what Canadian banks are allowed to do as intermediaries within that sys ... Read more
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The Banking Crisis and Inequality
Tim Lankester
Volume 10, Number 1, 2009
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End of the ‘American Century’
Allan H. Meltzer
Volume 9, Number 4, 2008, pages 1 - 12
The postwar era has ended. The institutional structures that the United States
sponsored are less relevant or less accepted now, and the US is unable to solve
its major domestic problems. In 1944–46, the US led the world toward new
international arrangements that promoted freer markets, freer tra ... Read more
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A Dynamic Theory of China–U.S. Trade
Making sense of the imbalances
Amar Bhidé & Edmund Phelps
Volume 8, Number 3, 2007, pages 7 - 25
China's trade surplus with the U.S. is now more than a quarter of the U.S. trade deficit and, with China growing faster than the U.S., raises questions about its future course. Some media commentators term the chronic trade surplus "mercantilist" but offer no persuasive motive for it. Academics taki ... Read more
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The Growing US Fiscal Gap
Daniel Shaviro
Volume 3, Number 4, 2002, pages 1 - 8
The United States has a huge long-term fiscal gap, perhaps with a present value
as great as $74 trillion. The US may thus be unable to continue meeting its
current spending commitments without eventually enacting huge tax increases.
The tax cut enacted in 2001 may have increased the fiscal gap by ... Read more
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Regulating Tobacco in the United States
The Government and the Courtroom
Jonathan Gruber
Volume 3, Number 3, 2002, pages 27 - 53
There has been a dramatic turn of events against the tobacco industry in the past
few years, raising the question of the appropriate future path for smoking policy
in the US. This paper discusses the theory and evidence on regulation of
smoking. The author begins by reviewing the background on th ... Read more
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The US “Underclass” in a Booming Economy
Richard B. Freeman
Volume 1, Number 2, 2000, pages 89 - 100
The main failure in the US economy in the 1980s through the mid 1990s was its inability to distribute the gains of economic growth to the bulk of the population. The traditional “rising tide lifts all boats” link between economic growth and poverty seemed broken, creating a large seemingly permanent ... Read more
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