Fiscal Policy: The View from the Street

FISCAL POLICY

On a recent Saturday evening in Manhattan, a slight, studious-looking man mixed among the Broadway crowds and occasionally buttonholed a theatergoer to ask his feeling about the state of business. Before the evening was over, he had polled nine theater lines, tactfully retreating from the few customers who bristled at his curiosity or wanted to know his name.

The anonymous pollster holds one of the world's most powerful economic jobs and has stacks of statistics at hand —but he still believes in observing from life. William McChesney Martin Jr., chairman of the Federal Reserve Board, likes to make his own...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!