Who's Afraid Of Hard Times?

March, 1975

Who's Afraid of Hard Times?Last September, the President of the United States called a bunch of economists together and asked them to look at the mess the country was in and to come up with some ideas for cleaning up the mess. He got all shades of opinion—red, brunet, blond. He was told that the mess was caused by too much money, too little money, too many Arabs, too much laissez faire, not enough laissez faire. So much for the problem. As for the solution, he was told that all would be well if...