1. The invisible hand in modern macroeconomics -- 2. An old Keynesian counterattacks -- 3. Current controversy in macroeconomics: the four schools -- 4. Introduction to the Kennedy reports / Robert M. Solow and James Tobin -- 5. Okun's Law: how policy and research helped each other -- 6. On Crotty's critique of q-theory / William Brainard and James Tobin -- 7. Review of 'Stabilizing an unstable economy' by Hyman P. Minsky -- 8. Monetary policy -- 9. The case for preserving regulatory distinctions -- 10. Monetary policies in the 1980s -- 11. Monetary policies in the 1980s and beyond -- 12. Statement on monetary policy -- 13. Remarks on international considerations for US monetary policy in the near term -- 14. Statement on Federal Reserve reform proposals -- 15. Legacies of Reaganomics -- 16. Statement on the federal budget deficit -- 17. Policy for recovery and growth -- 18. Thinking straight about fiscal stimulus and deficit reduction -- 19. One or two cheers for the invisible hand -- 20. Nation states and the Wealth of Nations: challenges and opportunities in an ever more interdependent world -- 21. Prospects for prosperity and growth in democratic capitalist economies -- 22. On living and trading with Japan: United States commercial and macroeconomic policies -- 23. The international monetary system: pluralism and interdependence -- 24. Poverty in relation to macroeconomic trends, cycles and policies -- 25. Social security, public debt and economic growth -- 26. Health care reform as seen by a general economist.