Public Policy: Unwelcome Necessity

For the past three years, 25 of the most influential men in U.S. business, labor and education have devoted great quantities of time and talk to a searching examination of U.S monetary and fiscal policy. This week at the White House the members of the Commission on Money and Credit, a private task force sponsored by the nonpartisan Committee for Economic Development, will present to President Kennedy the results of their labors: a 300-page study called Money and Credit: Their Influence on Jobs, Prices and Growth.

Billed as the most significant such study...

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