Deals with the experience of Pennsylvania in the first year of the statute's operation involving fire fighters and police. Summary of collective bargaining experience of major municipalities in Pennsylvania with police in 1968; Characteristics of collective bargaining activity with fire fighters;...

Monetary policy has come a long way in the past quarter century. Price stability has always been part of the Federal Reserve's policy mandate. Should the Fed now adopt explicit numerical guidelines or targets for inflation?

How should public policy evolve in light of the recent series of financial crises worldwide? In this article, the author argues that market discipline must play an essential role in any future policy reforms.