This book examines America's economy over the past several decades and the sources of our recent success and comes to surprising conclusions about what we can learn from it.

An analysis of the strength of the U.S. dollar in 1984 and imbalances in U.S. international transactions.

Since the early seventies, the U.S. dollar has been allowed to float freely, and its exchange rates have become extremely volatile and difficult to explain, let alone to predict. The dollar's erratic behavior has stimulated a lively debate in academic and policy circles over what the...