President Carter's inexperience in Washington causes some tension in Congress. With high annual inflation rates and high unemployment, Carter appoints Alfred Kahn as "inflation czar." In that role Kahn is asked by Congressional committees to explain...
It is much harder for any national government to control and affect the behavior of their national economy given the trend toward globalization. Their fate is interrelated with people all over the world. Many Americans fear that globalization is dam...
Former Secretary of State James A. Baker describes the challenges he faced as President Reagan's Chief of Staff, when the nation was dealing with double digit inflation in the early 1980's. He also talks about the very long hours the White House Chi...
Director of the National Economic Council and former Secretary of the Treasury Lawrence Summers talks about the mostly positive economic record of the Clinton administration, which included decreasing unemployment and inflation and an increase in jo...