Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...

Biographical note: DuménilGérard: Gérard Duménil is a Director of Research at the Centre National de la Recherche Scientifique, Paris.LévyDominique: Dominique Lévy is a Director of Research at the Centre National de la Recherche Scientifique, Paris.