The juxtaposition of Kennedy and Reagan approaches to economic problems is particularly instructive in that they express the two major - and quite different - approaches of macroeconomic policy in the past three decades: the 1962 Kennedy Camelot which relied on traditional Keynesian economics,...

Defense contractors in the United States face a painful choice between downsizing or investing in new high-risk commercial ventures. Past experience reveals numerous failed efforts to penetrate commercial markets and few, if any, successes. Copyright 1992 Western Economic Association International.

Have the nation's most prominent think tanks done their job? This former high-ranking government economist thinks they have not. Their duty is to elevate the level of discourse. He thinks they could do far better.