Frontmatter -- PREFACE -- CONTENTS -- TABLES -- PART ONE. -- CHAPTER I. SUMMARY AND EVALUATION -- PART TWO. -- CHAPTER II. THE SETTING AND STRUCTURE OF THE ECONOMY -- CHAPTER III. GENERAL ASPECTS OF GOVERNMENT FINANCE -- CHAPTER IV. GOVERNMENT RECEIPTS -- CHAPTER V. GOVERNMENT EXPENDITURES --...

This paper examines how the scale and composition of public debt can affect economies that implement a combination of “passive” monetary policy and “active” fiscal policy. This policy configuration is argued to be of both historical and contemporary interest in the cases of the U.S. and...

Remarks at the Japan Society, New York City.

Remarks at the Whitman School of Management at Syracuse University, Syracuse, New York.

Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.

Remarks at Queens College, Flushing, New York.

Remarks at the Economic Club of New York, New York City.

Remarks before the Morris County Chamber of Commerce, Florham Park, New Jersey.