A Successful Accident: Recollections and Speculations about the CEA
回顾了美国总统经济顾问委员会从最初运用凯恩斯分析维持充分就业,到五十年后演变为处理联邦经济政策问题的有用齿轮,并评价其贡献与失误。
As originally conceived, the President's Council of Economic Advisers would have a unique relation with the president, using Keynesian analysis to advise him on maintaining full employment. After fifty years, the Council has evolved into being a useful cog in a large decision-making apparatus, dealing with the whole range of federal problems of economic policy and bringing to bear whatever economics has to say. The initial Keynesian predisposition has faded. The Council has participated in some mistakes but it has made a valuable contribution, primarily by persistent representation of the value of the free market.