Category: Economics

.
The newest model of the Airbus was unveiled this fall, complete with orchestra. Photo Courtesy of Airbus Industrie

The Failed Crusade Against Airbus

George Prill liked to work on a large scale. As president of Lockheed’s international aircraft unit, he tried to make an unprecedented deal for the sale and production of L1011 jetliners with the Soviet Union in the mid-1970s. Later in the decade, he played a

An anti-communist demonstration in the center of Dushanbe, in Central Asia. The crowd pressed close at the time of a Supreme Soviet session, which was called to discuss their demands. The demonstrators shouted "Parliament: Resign!" while Tajik militiamen kept the crowd back.

The Strange State of Soviet Central Asia

Photo by James Rupert TASHKENT, U.S.S.R.-On the night last August that masses of Muscovites undid the Bolshevik Revolution, most people here in the Soviet Union’s fourth largest city appeared not to care. On the flickering television image from Moscow, 1700 miles away, a sea of

President John F Kennedy campaigned for his new trade bill at the dedication of the Nashville Avenue wharf in New Orleans on May 4,1962.

America’s Trade Warriors–Still Searching for the Right Weapon

On Seventeenth Street, just a short walk from the White House, is a handsome, five-story building that is one of the oldest government offices in Washington. Appropriately, it houses the Office of the U.S. Trade Representative (USTR), which deals with an issue that has bedeviled

Tenant at the Kenilworth-Parkside development in Washington, DC PHOTO BY ROGER COHN

The Plight of Public Housing

It was surely intended as a paean to the dreams of public housing. There, on the walls of the community building lobby at Richard Allen Homes in Philadelphia, the artist had depicted what the New Deal planners had hoped life would be like in one

Political cartoon Great Puzzles of the World

Equal Treatment Under The Law?

Production statistics collected by the Internal Revenue Service suggest that taxpayers in different parts of the United States do not receive equal treatment from the giant agency. Some of the apparent disparities are astonishing. While 21 out of every 1,000 taxpayers were audited last year