From The Publisher: Mar. 1, 1993

"SHOES, BOOZE AND BUTTERMILK." AS A STUDENT at the University of Mississippi, Dan Goodgame had a professor who loved to relate the theory of supply and demand to those familiar objects of daily life. The lesson stuck, and today Goodgame brings a keen appreciation of the links between theory and reality to his job as TIME's national economic correspondent. "Economics is inextricable from politics," says Goodgame, who reported on Bill Clinton's sweeping economic program for this week's cover articles. "You can't really understand one without the other."

Goodgame, who earned a master's degree in international relations as a Rhodes scholar at...

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