Table of Contents

* Introduction: Murphys Law of Economic Policy * Needed: Hard Heads and Soft Hearts * Striking a Balance Between Unemployment and Inflation * Do We Know How to Manage the National Economy? * Who Will Protect Us From Protectionism? * Cleaning Up the Environment: Sometimes Cheaper Is Better * It Can Happen Here: The Improbably Saga of Tax Reform * On Breaking Murphys Law

About the Author

Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics at Princeton University and a regular columnist for Business Week.