In his substantial introduction, Martin Feldstein comments on aspects of policy with which he was closely involved as chairman of the Council of Economic Advisers (1982-1984): monetary and exchange rate policy, tax policy, and budget issues. Feldstein offers his judgments on these policies and illuminates the policy strategies of the 1980s as only as insider can. The following eleven chapters deal with a variety of domestic and international issues, including developments in regulation and antitrust, as well as monetary, trade, tax, and budget policies. The result is an authoritative record of Reagan-era economic reforms that is destined to become a standard reference for economists and laypersons alike.
The contributors are Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Christopher DeMuth, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L. Joskow, Paul Krugman, Roger E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charls E. Walker, David A. Wise, and Richard G. Woodbury.
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