A fresh new look at the productive partnerships forged among second-wave feminists

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Timothy N. Thurber explores the links between Senator Hubert Humphrey's policies on racial justice and economic reform. Thurber investigates Humphrey's legislative agenda in the context of the tensions between the class-based politics of the New Deal to which Humphrey wished the party to return and the rights-based politics that eventually came to dominate the Democratic platform. Although Humphrey is often associated with the civil rights movement, Thurber shows that he stood out in his commitment to achieving racial equality through means of economic reform, an approach that was not readily embraced by the Democratic Party.Thurber begins by tracing Humphrey's early life, and goes on to detail the rise of his political career, his lifelong commitment to the New Deal goal of economic equality, and his legislative agenda as a senator. From the Fair Employment Practices law, to the triumphant passage of the 1964 Civil Rights Act, to more radical recommendations--such as a Domestic Marshall Plan--Humphrey became concerned with how structural changes in the economy effected African Americans.Thurber uses Humphrey's career not only to explore the intersection of race, class, and politics in the second half of this century but also to reveal the trajectory of Democratic politics in the postwar era as the party faced the increasingly difficult task of maintaining the New Deal coalition. Hubert Humphrey's agenda of racial justice through economic reform-its triumphs and its failures-represents for Thurber the precarious position of liberalism and a road still not taken.

EBONY is the flagship magazine of Johnson Publishing. Founded in 1945 by John H. Johnson, it still maintains the highest global circulation of any African American-focused magazine.