Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...

Intro -- Contents -- List of Tables -- Acknowledgments -- Abbreviations -- Introduction -- One. From Currency to Capabilities -- Two. From Capabilities to Statecraft -- Three. A Theory of Currency Statecraft -- Four. Youth -- Five. Maturity -- Six. Decline -- Seven. When Statecrafts Collide --...