The Number: How the Drive for Quarterly Earnings Corrupted Wall Street and Corporate America by Alex Berenson Random House. 274 pp. $24.95 The assumption underlying this book is...

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando de Soto Basic. 276 pp. $27.50 Hernando De Soto, a sixty-year-old Peruvian...

For an economist these days, it is difficult even to attend a cocktail party without being asked whether we are, indeed, living in a new...

The American economy moves from success to success. It is growing at a rate usually associated with the unleashing of inflationary pressures, and yet inflation...

Frozen Desire: The Meaning of Money by James Buchan Farrar, Straus & Giroux. 320 pp. $25.00 Not many fledgling journalists dream of writing for the financial pages. Most...

Money: Who has how Much and why by Andrew Hacker Scribner. 288 pp. $25.00 For nearly twenty years, social critics stretching from Left to Right have been warning...

To the Editor: Amity Shlaes [“Doom, Gloom, and the Middle Class,” February] is entitled to her sarcasm in her discussion of my book, The End of...

The test of a good liberal is . . . that he never yields on issues favoring the wealthy. —John Kenneth Galbraith The Affluent Society Four Years ago,...

Democrats are made, not born; and so are democratic capitalists. Children, who are born tyrants and who quickly display a propensity for forming neighborhood and...

To Market, To Market The Myth of Americas Decline: Leading the World Economy into the 1990’s. by Henry R. Nau. Oxford University Press. 424 pp. $24.95. “This book is...

What everyone “knows” about Reaganomics is that it failed. As the almost universally accepted story goes, the Reagan administration, influenced by supply-side theory, made a...

To a visitor from, say, Mars, it might come as a surprise to learn that the 1980’s—a decade of stable prices, unprecedentedly low unemployment, and...