President Carter may have tried to take the limousines away from the staff, but he certainly hasn't cut out their international travel. The Secretary of the Treasury, Mr. Blumenthal, in presenting the President's domestic economic recovery program to the House Appropriations Committee...

Recently, in an unpublished paper, Peter Hooper and Barbara Lowery of the Fed staff reviewed the main papers on the question of the relation-ship between the foreign exchange value of the dollar and the price level. Hooper and Lowery standardized the results of all of the papers to the Fed's...