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Commentary
HAS THE DOLLAR HIT BOTTOM?
H. Erich Heinemann |
As appropriate for the holiday season, good fellowship was the order of the day in international fin
NO TACKY PACKS
JOC Staff |
PEOPLE EXPRESS, before it expired, encouraged passengers to carry aboard almost anything as hand lug
DEBUNKING THE JOB MYTHOLOGY
RICHARD McKENZIE |
A whole crop of myths concerning jobs has grown up in the last few years. One is that the pa
NO ROCK ISLAND II
JOC Staff |
THE ROCK ISLAND LINE, subject of legend and folk song, is remembered also as perhaps the prime examp
FADING GLOW OF PRIVATIZATION
Edwin Unsworth |
Until recently, the British government appeared to be having every success with its privatization po
LOCAL AFFAIRS
JOC Staff |
ALL POLITICS IS LOCAL POLITICS, as former House speaker Tip O'Neill was fond of noting. Whenever the
STEEL INDUSTRY STILL STRUGGLES
Milton Deaner |
Faced with danger, the human body experiences a surge of adrenalin which produces the energy for eff
CUT THE CAPITAL GAINS TAX
Lawrence B. Lindsey |
The Tax Reform Act of 1986 included among its many provisions the largest capital gains tax rate inc
PENSION PREMIUM PRICING
JOC Staff |
THE GOVERNMENT'S Pension Benefit Guarantee Corp. has come to fill a vital role, guaranteeing retired
UNFINISHED BUSINESS
JOC Staff |
IN ITS HEADLONG rush to adjournment last Tuesday, Congress left more than a little unfinished busine
ISRAEL TURNS INWARD
JOC Staff |
AS ALL TOO OFTEN in the Holy Land, the Christmas season has not been a time ofjoy for all. I
WASHINGTON REPORT
Washington Bureau |
Weak Economy to Raise DeficitTHE BUDGET OUTLOOK is for a rising deficit in the current fisca
REVIVE THE BAKER PLAN FOR DEBT
Julian Gingold |
It is apparent that the clock is ticking on the Third World debt. A solution must be found before mo
THE GIFT POOR PEOPLE GIVE
Stanford Erickson |
I pass Our Lady of Victory, a Roman Catholic church, near Wall Street as I walk to work each day. Up
MARKET'S BIG FALL LIES AHEAD
Donald C. Delutis |
In analyzing the recent collapse of stock prices, it is extremely important to determine if the 1,00
AN UGLY DUCKLING BEST FORGOTTEN
Tom Connors |
When Gary Hart tossed his hat - the one with all the arrows through it - back into the Democratic pr
CORPORATE NATIONALITY LOSES
John M. Kline |
What is a U.S. corporation? This deceptively simple question will plague U.S. policy-makers
THE IRS PLAYS SANTA
JOC Staff |
THE INTERNAL REVENUE SERVICE has presented an unexpected Christmas present to millions of taxpayers:
REGULATING RAIL SAFETY
JOC Staff |
THE FEDERAL RAILROAD ADMINISTRATION bears responsibility for maintaining safety on the rails. But th
LETTERS
JOC Staff |
The Journal of Commerce welcomes letters to the editor. Letters intended for publication should incl
THE CRACKED CRYSTAL BALL AWARDS
Richard Lawrence |
It used to be called the American Society of Seers, but because of the nation's addiction to acronym
'TIS THE SEASON FOR TIGHT MONEY
H. Erich Heinemann |
The Federal Reserve System tightened monetary policy another notch in the first half of December, as
NAVAL BARGAIN HUNTING
JOC Staff |
COMPETITIVE BIDDING drives down prices. That's true when a homeowner remodels his kitchen, and it's
CURRENCY POLICY IS TRADE POLICY
Saul R. Srole |
As they agonize over exchange rates, the United States and the other industrial nations that form th
UNDESIRABLE STABILITY
JOC Staff |
EVERYBODY LIKES STABILITY. But the world economy is by nature unstable, constantly responding to unp
COMMODITIES AND MONETARY POLICY
Wayne D. Angell |
The ultimate goal of the Federal Reserve must be to stabilize the general price level. The success o
IN WEST GERMANY, IT'S NO SALE
Erich E. Toll |
On Jan. 1, 1988, West Germany will implement long overdue changes in its Ladenschlussgesetz, the law
NATION OF TOMORROW?
JOC Staff |
BRAZIL, AS ITS CITIZENS are fond of saying, is the nation of tomorrow. A more accurate description,
LETTERS TO THE EDITOR
JOC Staff |
Two Flaws in Plan For Reducing DeficitWhile William Dannemeyer presents some interesting fac
OF ARMS AND MEN
JOC Staff |
WITH BARELY A YEAR remaining in Ronald Reagan's term of office, much of the administration is alread
DON'T STABILIZE THE DOLLAR YET
Robert Solomon |
Now that the budget negotiations have been concluded, a number of voices can be heard in the United
A DELICATE DANCE
JOC Staff |
NEGOTIATORS HAVE DOTTED the i's and crossed the t's on the free trade agreement between the United S
WASHINGTON REPORT CUSTOMS TARGETS 'PORT SHOPPING'
Washington Bureau |
THE U.S. CUSTOMS SERVICE is considering a new try at reducing port shopping - importers and shippers
SUBSIDIZING PUBLIC POWER
JOC Staff |
NEW YORK'S LONG ISLAND LIGHTING CO., financially troubled due both to its own mistakes in building t
THE BATTLE OF THE HEMISPHERES
Stanford Erickson |
Have you ever noticed how you usually can irritate or at least frustrate people who naturally talk i
REGULATION 861.8
JOC Staff |
MONEY WASN'T THE ONLY THING LOST in the stock market crash. With it, discretion went out the door on
LETTERS TO THE EDITOR
JOC Staff |
Import Restraints Still Needed on SteelOnce again, The Journal of Commerce has sprung into p
DEREGULATION'S FIRST DECADE
Paul Stephen Dempsey |
Nearly a decade has elapsed since our government launched the grand experiment in deregulation. We c
PAGES DULLER THAN WHALEBONE
Albert L. Kraus |
My first job in financial journalism, assisting one of the great financial columnists of his time, e
PYRRHIC VICTORY IN S. KOREA?
JOC Staff |
SOUTH KOREA'S military government has won a victory, but it might prove a pyrrhic victory. The overw
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