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Presents letters to the editor concerning articles about U.S. politics. Incorporation of an article in a national constitution renouncing war as an instrument of national policy; "Stagflation" or economic problems of the U.S.; Failure of the market to operate to restore employment after a recession; Politician George F. Kennan's opinion on the military threat that the Soviet Union poses against the U.S.; State of professional contentment of economists.

This article reports that the cold war appears now to have entered a new phase, marked by fissures and schisms in both the Communist and Western blocs. The new phase offers to the U.S. unprecedented opportunity for bold diplomatic moves which could ease world tensions and lessen the danger of thermonuclear war between China and the Soviet Union. At the same time, if the opportunity is muffed, it is a phase that may turn out to be more dangerous than any that preceded it. Meanwhile, the growing split between the Soviet Union and China should help destroy a favorite American cold-war myth.