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Choice and Consequence: Perspectives of an Errant Economist

Thomas C. Schelling
Reviewed by William Diebold, Jr.
Summer 1984
Choice and Consequence: Perspectives of an Errant Economist
Thomas C. Schelling
Harvard University Press
1984
384 pp.
$20.00
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One of our brightest economists-who long ago wandered into strategic thinking and stayed for quite a while-here shows how economic reasoning throws light on a considerable variety of other subjects.

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In the Magazine

November/December 2009 / 6, 88
Essay
The Dollar and the Deficits
C. Fred Bergsten

The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
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