World Events

Abstract

Presidential economic advisers have worked out a Keynesian plan to stimulate United States economy when it lags, and to restrain it when it goes too fast. Earlier in his presidential term Mr. Johnson assured voters that the economy was well in hand. He even hinted that permanent stability at a reasonable growth rate was assured.

This article can also be found at the Monthly Review website, where most recent articles are published in full.

Click here to purchase a PDF version of this article at the Monthly Review website.