During the last decade of his life, Hyman Minsky drew on insights acquired from Joseph Schumpeter in an effort to explore the long-term development of capitalism. He believed such an exploration would underscore the economic implications of postwar financial-system innovations and could...

The call for a biennial budget included in Vice President Gore's plan to "reinvent" government, entitled National Performance Review (NPR), is not a new one. During the past two decades five proposals for a two-year budget cycle have appeared in congressional bills and have been discussed in...

Continuous federal budget deficits and a rising public debt have been presented in terms that have produced mounting dissatisfaction with government. One solution offered to deal with this discontent has been a constitutional amendment to balance the federal budget. In a working paper, Charles...

Disenchanted with the conventional approach to Law and Economics in an era of multiple crises, law professors and other interested scholars are currently exploring and developing an alternative approach called Law and Political Economy (LPE). A key starting point for LPE is that this alternative...

"This book of selected essays presents constructive analyses of vital economic problems confronting the United States since the 1970s, giving special attention to challenges facing working families. The analyses, produced by Charles Whalen over three decades, address the causes and consequences...