The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a revolutionary period in which the world emerged from great inflation and output instability into...

Harry S Truman is best remembered as the President who witnessed the swift arrival of the Cold War in the tumultuous years after World War Two. Little however has been written to show that he was also the populist President who set the political economic course for the United States to win it...

Harry S. Truman was very busy during his first days in the White House. In 1946 it seemed that the Communist menace was everywhere. The Soviets were threatening Turkey and Greece. Moreover, they loomed over a devastated Eastern and Western Europe. In Asia, Communism in China was flexing its...

Every day, the change in the President became more obvious. Ironically, it had been the sweeping Republican triumph in the congressional elections that had given Harry Truman a new lease on life. At last, he was free from the shadow of Franklin Roosevelt. Charlie Ross told White House reporters,...