Introduction by Paul Charles Milazzo
Loyal readers of Newsweek had reason for disquiet when the latest issue hit the stands on May 3, 1954. Those who managed to endure the details of the ongoing Army-McCarthy hearings or the deteriorating French position in Indochina sought solace, and more stimulating fare, by flipping through as usual to the business section.
1. 1946
How ‘Stabilization’ Unstabilizes
September 30, 1946
2. 1947
The ‘Purchasing Power’ Theory
January 6, 1947
The CIO argument for another general wage increase of 25 percent has caused such deep concern not merely because the statistics on which it is based are so misleading but because the policy the labor organization advocates is a threat to the survival of the free-enterprise system itself.
3. 1948
The Uncalculated Risk
January 5, 1948
4. 1949
We Impose Collectivism
January 3, 1949
The White Paper on the British Government’s four-year recovery program is significant not only for what it tells about that government’s policies but for what it tells about our own. The Marshall Plan was put forward as a plan to combat Communism by helping the world to return to free enterprise. By almost imperceptible stages this objective has been reversed. We now insist that no country can get financial aid from us unless it rejects free enterprise in favor of government planning and collectivist controls.
5. 1950