Alvin H. Hansen

February 1944
New Republic;2/28/44, Vol. 110 Issue 9, p270
Focuses on Federal Reserve Bank of New York chairman Beardsley Ruml's analysis of postwar fiscal policy. Statement that an expansionist fiscal policy program leading to high income and employment makes it possible to attack wage, price and other policies with hope of success; Need for a large volume of expenditures to provide a national minimum standard of public services in terms of health, education and social security; Reduction in taxes needed to the point where they will balance the budget at a high level of employment; Fluctuation in public-works and public-improvement in the Ruml's program.


Related Articles

  • George Soule.  // New Republic;2/28/44, Vol. 110 Issue 9, p268 

    Focuses on the fiscal program of chairman of Federal Reserve Bank of New York, Beardsley Ruml. Proposal for reduced taxation, balanced budget, public works made by Ruml in his program; Discussion of compensatory fiscal policy; Implications of Ruml's proposal to lower tax rates to a point where...

  • A Postwar National Fiscal Program. Ruml, Beardsley // New Republic;2/28/44, Vol. 110 Issue 9, p265 

    Focuses on the fiscal policy proposed by chairman of the New York Federal Reserve Bank, Bearsley Ruml, for the U.S. in the postwar period. Need for budget based on efficient and economical carrying out of worthwhile activities to accomplish our national purposes; Requirement for reduction in...

  • Oswald W. Knauth.  // New Republic;2/28/44, Vol. 110 Issue 9, p269 

    Focuses on the fiscal program of chairman of Federal Reserve Bank of New York, Beardsley Ruml. Need for a balanced budget proposed by Ruml; Innovation of Ruml that he builds his tax structure around the principle of increasing the effective demand for goods rather than the encouragement of...

  • Ensuring fiscal sustainability and budgetary discipline.  // OECD Economic Surveys: United States;Dec2005, Vol. 2005 Issue 8, p49 

    This chapter discusses several major challenges facing fiscal policymakers in the United States. Despite recent improvements in revenues, a return to surpluses in the federal unified budget is still unlikely to materialise before age-related spending pressures gather strength in the next decade....

  • Splitting the Budget.  // Time;8/24/1953, Vol. 62 Issue 8, p75 

    The article discusses the proposal of New York City-based tax consultant Beardsley Ruml to help the government balance its budget. An estimated savings of two billion U.S. dollars is realized when capital assets are not listed as expenses. The properties may be organized as self-financing...

  • Tax credits: social policy in bad disguise. Gale, William G. // Christian Science Monitor;2/16/99, Vol. 91 Issue 55, p11 

    Opinion. Focuses on United States President Bill Clinton's administration's budget focus on reforming Social Security and cutting taxes. How most analyses of the budget reform have overlooked a disturbing trend in tax policy, the increased use of credits; The rise in the use of credits as the...

  • Home Front. Chait, Jonathan // New Republic;4/7/2003, Vol. 228 Issue 13, p14 

    Focuses on the decision of the administration of United States President George W. Bush to delay its proposed budget, which made no provision at all for war with Iraq. At first, the White House defended this omission by asserting that war might not happen at all, despite its massive military...

  • The truth about surpluses and Social Security. Tyson, Ann Scott // Christian Science Monitor;9/28/98, Vol. 90 Issue 213, p15 

    Focuses on Social Security and budget surpluses in the United States in 1998. Efforts by Republicans in Congress to pass a tax-cut bill because of the surplus; Why Democrats feel that using the surplus will endanger Social Security in the future; Where the surplus is from; Why the Republicans...

  • Pay now or pay later--take your pick. Cantor, Martin // Long Island Business News (7/1993 to 5/2009);07/30/99, Vol. 46 Issue 31, p43A 

    Comments on the decision of the United States House of Representatives to spend the federal budget surplus by lowering taxes, rather than securing the long-term solvency of social security. Future tax burden of baby boomers resulting from the decision; Concerns on the adequacy of the Social...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics