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ATHENS -- THE sudden closure of Greece's state television and radio network, the Hellenic Broadcasting Corporation, known as ERT, on June 11 has led to a political drama. The network's [...]

AMERICAN FOUNDATIONS An Investigative History. By Mark Dowie. 320 pp. Cambridge, Mass.: The MIT Press. $29.95. In this twilight era of the estate tax, Mark Dowie takes us on a […]

At his meeting with other progressive political leaders in Florence, Italy, President Clinton said some things that were admirable -- he called for debt relief for poor nations and ratification […]

Today is the last day of the Federal Reserve's annual retreat in Jackson Hole, Wyoming. And to my surprise, they have been discussing economic inequality. Why surprise? Because in March […]

So far, American workers have been helped, not hurt, by the Asian economic crisis. Prices are down; products like computers and televisions are cheap as rarely before. American stocks haven't […]

Why did Alan Greenspan raise interest rates? Because he could. Because two of the more independent members of the Federal Reserve Board, the pro-growth conservative Lawrence Lindsey and the moderate […]

The economic news on Friday was so good it was a disaster. Unemployment has fallen to 5.3 percent, the lowest it has been in six years. June payrolls increased by […]

The Fed's reduction of one set of interest rates on Friday marked the beginning of the end of Alan Greenspan's war on inflation. The war began in February 1994 with […]

Despite steady growth and low inflation, polls show that voters, especially the middle class, are unhappy and may not reward the Democrats. Have they forgotten economic growth? No, but higher […]

For years, economists and financial experts and the politicians who take them seriously -- have preached a simple creed. Cut the deficit, they tell us, and interest rates will fall, […]

Inside-the-Beltway Democrats are rushing to embrace Ross Perot's five-year plan to end the budget deficit. They include Charles Schultze, chairman of the Council of Economic Advisers under Jimmy Carter, and […]

I would like to see a completely gender equitable world 30 years from now--an equal proportion of men and women working for pay and earning the same amount on average, [...]

Today, the U.S. dollar is the world's reserve currency. Nations around the world invest most of their foreign exchange reserves in dollar assets. The international economic position of the United […]