Pt. 4: Contains memorandum by Joseph Aschheim (George Washington University), "Dollar Deficit and German Offsetting," outlining agreements with West Germany to "offset" the cost of U.S. forces stationed in Germany.

Reports for 1984- include: The annual report of the Council of Economic Advisers.

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.

With rare wit and lucidity, Herbert Stein examines the events, policies, and personalities that have shaped the American economy for a half-century. Copyright © Libri GmbH. All rights reserved.

Invoking America's greatest leaders, Robert Kuttner explains how Obama must be a transformative president--or a failed one--a president who must succeed in fundamentally changing our economy, society, and democracy for the better.

The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Reports for 1984- include: The annual report of the Council of Economic Advisers.