An Economist's Protest: Columns in Political Economy

August 15 banks benefits billion Chapter column competition Congress consumer corporate cost countries crisis deficits demand deposits dollar economic economists effect eliminate employers escalator clauses exchange rates favor Federal Reserve Federal Reserve System finance fiscal flation floating exchange rates force free enterprise free market freeze Friedman government spending governmental harm higher imposed incentive incomes policy increase industry inflation inflationary interest rates labor legislation less major McClaughry ment minimum-wage monetary growth monetary policy monopoly months negative income tax Newsweek official output percent persons Playboy political poor present price and wage price controls price of gold problem produce programs proposed public schools quantity of money raise rate of inflation recession reduce rise sell simply subsidy sumer things tion U.S. Steel unemployment vote voucher plan wage and price wage controls welfare