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The Challenge of Democracy

Chapter 18

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Chapter Eighteen: Economic Polic
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(page references match the sixth edition)


p. 593 -
A Citizen's Guide to the Federal Budget explains the process of creating the budget and reports income and expenditures for the 1999 fiscal year.

p. 599 - The Center for Community Economic Research at the University of Claifornia in Berkeley created the
National Budget Simulation to inform citizens about the trade-offs that need to be made to balance the budget. The simulation still has value even through a balanced budget, once thought to be politically impossible, has been achieved.

p. 602 - Are you angry about high taxes? Get sympathy from the
U.S. Taxpayers Party.

- Additional World Wide Web Resources from page 616


Federal Reserve Board In addition to explaining the structure and functions of the Federal Reserve Board, this site contains the famous "Beige Book" that reports on economic conditions in the nation eight times a year. It is an easy-to-read executive summary of business, manufacturing, and commercial activities in each of the system's twelve regional banks.

Office of Management and Budget This is the place to go to get recent versions of the federal budget. It provides data as well as graphs and text.

Economic Policy Institute This site offers analysis and commentary about economic issues from the left side of the ideological spectrum.

CATO Institute CATO derives from Cato's Letters, "libertarian pamphlets that helped lay the philosophical foundation for the American Revolution." This site offers analysis and commentary about economic issues from the right side of the ideological spectrum.

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