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CRS84798Lpage93
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176-179 Ralph C. Bryant CONTROLLING MONEY: THE FED- ERAL RESERVE AND ITS CRITICS. Washington, D.C.: The Brookings Institution, 1983. xii + 152 pp. $18.95. ISBN 0-8157-1136-0 Reviewer: WILLIAM P. FIELD, JR. Nicholls State University When I accepted the task of reviewing Controlling Money, I expected the book to deal with such issues as Fed independence. rules versus discre- tion, coordination
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CRS84798Lpage89
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THE WALL STREET JOURNAL & FEBRUARY 23 . 1986 / p . 26 - Wealth and Politics: A Supply-Sider’s Report By Gt-JURGE G_u.oan Paul Craig Roberts. more than any" other man. has lived and fought every campaign of the supply-side movement. From its legislative origins in the office of Jack Kemp and other Young Turk Republi- can congressmen in 1975. to its intellectual ascendancy among a new
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CRS84798Lpage91
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di- rections about important matters. And that is not a trivial accomplishment. Mr. Mccracken is professor of business administration, University of Michigan, . and was chairman of the presidents Coun- cil of Economic Advisers. 1969-71. A gkeproduced with the permission of the Wall Street Journal, ©1984, Jul, 12, 1934, 34_
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CRS84798Lpage95
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of these three offers any chance for improved A short-run money stock control. and even in that case he would expect the improvement to be rela- tively minor. Precise short-run control of the money stock is not possible and cannot be made possible through implementation of suggested reforms.‘ 177 In chapter 7, Bryant turns to the question of Fed control over the money stock over the medium and long run. He
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CRS84798Lpage118
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EMRAHY QF m§;:~a@:-2::»*§az;Tz3N n4~u.~--. .. «. .......; ~-....‘-M... .~.«.-..:.ao«-.....~.--.\uu>....w...«-..nn.-u..o~.n.a--unu '
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Economic policy book reviews published since winter 1983-1984
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1984
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Summary
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Economic Policy Book Reviews is a collection of full length critical reviews of books discussing economic policy. The reviews consist of all those appearing in thirty sources from winter 1983-1984 to November 1984. The sources examined for reviews include newspapers, popular business magazines, economics journals, and political science journals that review books of economic policy interest.
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CRS84798Lpage115
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pensions—-the average Swedish benefit is over 50 percent of the average wage compared with 18 percent in Amer- ica-—-will not necessarily eat into the supply of national savings if the payments into the system are used to fund investment, as they are in Sweden, not just to pay out benefits as in the United States. What Kuttner has produced, therefore, is more than a critique of ideology. The Eco- nomic
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CRS84798Lpage117
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Stubblebine and Thomas D. willett. Lehman, James A. Reaganomics: a midterm report. Journal of industrial economics, v. 32, Mar. 1984: 1249-1251. SUPPLY-SIDE REVOLUTION by Paul Craig Roberts. McIntyre, Robert S. Reaganomics redux. People and taxes, v. 11, Feb. 1984: 10. 52
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