Economy

Purchasing Power
February 11, 2002

John Judis argues not to be afraid of the euro.

Funny Money
August 09, 1999

Richard Oldfield on why the euro's bad for Europe.

Eurotrash
June 01, 1998

Ronald Steel on why a unified Europe might make a less reliable U.S. partner.

Can Labor Come Back?
May 23, 1994

The recent Teamsters strike, The Los Angeles Times declared, "has served as a reminder of how much the union's influence has waned." The outcome, The New York Times wrote, showed how the union's "power has shrunk." There is some truth in these statements, but they reveal more about the national press's attitude toward labor than about the Teamsters union. During the twenty-four-day strike, the longest in Teamster history and the first since 1979, the union achieved almost 100 percent support from its rank and file, in spite of violent dissension in its upper ranks. In the provisional settlemen

Charity Case
May 04, 1992

Heard the latest one about William Aramony, the ousted head of the United Way of America?... He took at the office. If ever there was a scandal for the ‘90s, this was it. The president of America’s largest charity, William Aramony, was suddenly unmasked as a limo-riding, Concorde-flying tycoon.

Funny Money
July 01, 1991

Niall Ferguson asks whether a European economic and monetary union will work.

Taxation and Democratic Values
November 01, 1974

Kenneth Arrow makes the case for redistributing income.

Profits by the Billion
January 07, 1946

War profits—after deduction of war taxes—have been the greatest in history. The government virtually guaranteed contractors against loss by paying for their investments in war equipment. Now business is guaranteed against loss in resuming civilian production. By congressional enactment, the Treasury must pay back excess-profits taxes to businesses which in 1946 suffer certain reduction to income.

On the Labor Front
July 17, 1935

With the exception of one amendment, the Wagner labor-disputes bill, as finally enacted by Congress, does not differ much from the measure in its original form. But that amendment may be a joker and turn the entire Act into a company-union charter. It has to do with Section 9b, which governs the choice of the appropriate unit for collective bargaining.

The Good Giant and the A.A.A.
July 17, 1935

Public opinion, which once upon a time was only a symbolic figure in cartoons, has become a valuable commercial property. The banners and buttons of World War propaganda showed, as one writer has explained, “the possibilities of molding public opinion toward an objective. Its success convinced leaders how vital it is to gauge public reaction to ideas or products; how necessary it is to get public support.” And big business, having learned the technique of selling its products, is now trying to sell itself.

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