One of the sub-Cabinet appointments Jimmy Carter made last week was the medium for an important international message. In choosing Yale Economist Richard Cooper as Under Secretary of State for Economic Affairs, the President-elect signaled that his Administration plans not only to try to put more snap and ginger in the U.S. economy but also to seek to orchestrate a revival throughout the rest of the industrialized world as well. Cooper's chief economic credo: No nation is an economic island; all are a part of an interacting global process. For one to...
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