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North Castle Books
Challenge: The Magazine of Economic Affairs
Editor: Jeff Madrick, M.E. Sharpe, Inc. ( challenge@mesharpe.com)

This vital journal gives its readers an independent perspective on economic issues they simply can t get anywhere else. Published six times a year, Challenge presents, in plain English, studies and analyses of the pressing economic problems that we face today; interviews with the most influential (and often controversial) economic and political leaders of our time; book reviews of important works; and compelling policy prescriptions for today s urgent economic issues. For down-to-earth information on the real economic world we live in, Challenge has no substitute.

"Challenge magazine provides an array of insightful and eclectic analyses of current critical economic issues. No other economic publication can match its combination of relevance, readability, and solid reasoning." -Lawrence Mishel, President, Economic Policy Institute

"Challenge is always stimulating, and never boring. Few journals combine relevance with in-depth analysis as it does." -Dani Rodrik, Professor of Economics, Harvard University

"Challenge is the one publication on economic matters that succeeds in being both intellectually rigorous and completely readable. Each issue is crisp, relevant, and thought provoking." *-Richard Leone, President, Century Foundation

"Written in a clear, non-technical manner, the articles are by prestigious economists and well-respected scholars, and the editorial board includes several Nobel laureates. ... Recommended for high school, public, academic, and government libraries." -Magazines for Libraries

"There is simply no other way to keep up with the real issues in the ongoing debate on economic policy than to read Challenge. Each new batch of articles provides a useful and important reality check on the way that policy debates are framed by the conventional press. A great antidote for intellectual sterility." -William Wolman, Business Week Magazine


 
Abstracting and Indexing: Challenge is indexed/abstracted in EconLit, e-JEL, JEL on CD, International Bibliography of Social Sciences, PAIS International, Proquest Database, and the Wilson Social Sciences Index.

Click here for information on online access to Challenge.

Click here to view a sample issue online.

Visit the Challenge Magazine Website.

Click here to request a free print sample issue.

ISSN:  Current volume: Frequency Per Year:
0577-5132 Vol. 52 No. 6 (Nov/Dec 2009 - Sept/Oct 2010) 6

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Editorial Board
Elieen Applebaum; Kenneth J. Arrow; Barbara R. Bergman; Jagdish Bhagwati; Alan S. Blinder; Andrew F. Brimmer; Robert Dunn, Jr.; Albert O. Hirschman; George W. McKinney, Jr.; Lawrence Mishel; Alicia H. Munnell; Dimitri B. Papadimitriou; Dani Rodrik; Paul A. Samuelson; Robert M. Solow; Joseph E. Stiglitz; Murray L. Weidenbaum


Table of Contents
NOVEMBER-DECEMBER 2009
Vol. 52 No. 06

Letter from the Editor
3
THINKING ABOUT THE CRISIS
Alternative Explanations of the Operation of a Capitalist Economy
Paul Davidson 5
Free Trade, Fair Prices, and Sustainable Deficits
John Hansen 29
How Would Adam Smith Fix the Financial Crisis?
David Bholat 60
STANDARD-OF-LIVING FAILURES
Antipoverty Policy for the Excluded Poor
Herbert J. Gans 79
The Wealth of the Nation's Young
Andrew Sum and Ishwar Khatiwada 96
Structural and Institutional Divergence in the European Union
Theodore Pelagidis 101
From the Publisher
Dissatisfaction Guaranteed: An Account of Two Bubbles by Dean Baker
Mike Sharpe 114
Index to Volume 52
117

 

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