Volume 49, Number 6 · April 11, 2002
Party Line
By Robert M. Solow
Economic Report of the President together with The Annual Report of the Council of Economic Advisers
by The Council Of Economic Advisors
Government Printing Office, 448 pages, $34.50
The Employment Act of 1946 committed the federal government to the pursuit of 'maximum employment, production and purchasing power,' a commitment whose cash value has fluctuated drastically from time to time. It also established the Council of Economic Advisers (CEA), to be appointed by the president in order to provide him with objective economic analysis and advice contributing to the achievement of those goals.
Review, 4308 words
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