F red Block and Robert Heilbroner, in “The Myth of a Savings Shortage” (TAP, Spring 1992), want to persuade us that, contrary to the conventional wisdom, there is no scarcity of savings in the U.S. economy today. They say that the present national savings rate is as high as ever; that it plays no depressing […]
Economic Policy
Posted inAmerica and the World
Continental Drift: NAFTA and Its Aftershocks
The trade problem is much bigger than the treaty.
Posted inEconomic Policy
The Politics of Repudiation 1992: Edging Toward Upheaval
Not a major realignment, but ominous rumblings.
Posted inAmerica and the World
The Global Money Trap: Can Clinton Master the Markets?
If not, he will be their slave.
Posted inHousing and Transportation
Winning With Tax Reform: The Connecticut Story
I n October of 1991, 40,000 furious citizens massed in Hartford at the State Capitol, protesting Connecticut’s new income tax, cursing and spitting on Governor Lowell Weicker, and threatening legislators with political extinction. One month later, Democrats in New Jersey were routed by an irate electorate in retribution for the passage of changes in the […]
Posted inEconomic Policy
Avoiding a Fiscal Dunkirk
A more progressive tax code is an essential part of any new economic plan.
Posted inAmerica and the World
Conversion Then and Now
Turning swords into plowshares requires a plan.
Posted inBooks, Arts and Culture
Passion, Memory, and Politics, 1992
F rom its founding nearly three years ago, The American Prospect has sought to help reconstruct a plausible and persuasive liberalism. This issue’s cluster of articles concerned with a public investment strategy for economic growth exemplifies that purpose: substantive, detailed thinking about how to solve the nation’s problems, rather than symbolic gestures. Yet, as this […]
