Most Americans would agree that Government management of the economy affects them directly and powerfully. They might even concede that an understanding of what Historian Thomas Carlyle called "the dismal science" of economics is more important than ever before. But, economics is a forbidding subject, burdened by statistics and often by predictions and conclusions that emphasize the "dismal" and minimize the "science." Each week TIME'S Business section strives to make these sometimes murky matters pertinent, interesting and understandable. It achieves this by stressing in its stories the role of the people who make and administer major economic decisions, and...
A Letter From The Publisher: Mar. 5, 1984
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