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ethnic or religious conflict. Meanwhile, the UN has intervened, on humanitarian grounds, in Somalia, the former Yugoslavia, and elsewhere. What is the future of the supposedly sovereign nation-state and of the modern inter- national system that emerged three-and-one-half centuries ago? Are national loyalties giving way to others-allegiances to ethnic groups, to reli- gions, to civilizations?

"The multiplication of different types of ac- tors, loyalties, and conflicts," Pierre Hassner, d...

Richard Reeves, in American Heritage (Sept. 1993), 60 Fifth Ave., New York, N.Y. 10011.
President Bill Clinton's White House has been likened to a college dorm, complete with bull sessions and all-nighters. His general style of management is informal. Veteran political writer Reeves, author of a new study of John F. Kennedy's presidency, fears that Clinton may be following a very bad examplethe disorderly
JFK,who in 1963shook 17-year-old Bill Clinton's handat the White House, remains an important...

Richard Reeves, in American Heritage (Sept. 1993), 60 Fifth Ave., New York, N.Y. 10011.
President Bill Clinton's White House has been likened to a college dorm, complete with bull sessions and all-nighters. His general style of management is informal. Veteran political writer Reeves, author of a new study of John F. Kennedy's presidency, fears that Clinton may be following a very bad examplethe disorderly
JFK,who in 1963shook 17-year-old Bill Clinton's handat the White House, remains an important...

suspicion of the ex- ecutive branch during the Johnson and Nixon years, congressional reformers of the 1960s and '70s looked, naively, to "the American people" as a deus ex machina. Strip "the anti-democratic barons" of their powers and make them respon- sible to rank-and-file Democrats, thought re- formers such as Representative Donald Fraser (D.-Minn.), and the "will of the people" would push desirable (liberal) legislation through Con- gress. The House reforms of...

Robert W. Tucker and David
C. Hendrickson, in the National Interest (Fall 1993), 1112 16th St. N.W., Ste. 540, Washington, D.C. 20036.
Does the United States have a stake in the ~alkans?It does, insist Tucker, author of The Nuclear Debate (1985), and Hendrickson, a politi- cal scientist at Colorado College, but it is not based on the abstract principles most advocates of intervention have cited: repelling aggression, preserving recognized borders, and maintaining "world order." The "great...

Robert W. Tucker and David
C. Hendrickson, in the National Interest (Fall 1993), 1112 16th St. N.W., Ste. 540, Washington, D.C. 20036.
Does the United States have a stake in the ~alkans?It does, insist Tucker, author of The Nuclear Debate (1985), and Hendrickson, a politi- cal scientist at Colorado College, but it is not based on the abstract principles most advocates of intervention have cited: repelling aggression, preserving recognized borders, and maintaining "world order." The "great...

Norvell B. DeAtkine. in Parameters (Summer 1993). U.S. Army War College, carlisle ~arracks, Carlisle, pa:' 17013-5050.
As war in the Persian Gulf neared two years ago, many Middle Eastern specialists warned of disas- ter for the United States. Rashid Khalidi of the University of Chi- -cago and Charles Doran of the School of Advanced International Studies at Johns Hopkins, among others, predicted massive up- heavals in every Islamic country, Americans slaughtered in Arab cities, airliners blown...

invoking cultural rela- tivism. Many have a "distinctly anti-Western ideological agenda." They are obsessed with the Arab-Israeli dispute. And "area studies" en- claves in universities very often fail to breed de- tached, critical judgment.

ECONOMICS, LABOR &BUSINESS

A NewBusiness Ethics?
'What's the Matter with Business Ethics?" Andrew Stark, in Harvard Business Review (May-June 1993), Boston, Mass. 02163.
Business ethics is hot in academia: More than 500 courses in...

invoking cultural rela- tivism. Many have a "distinctly anti-Western ideological agenda." They are obsessed with the Arab-Israeli dispute. And "area studies" en- claves in universities very often fail to breed de- tached, critical judgment.

ECONOMICS, LABOR &BUSINESS

A NewBusiness Ethics?
'What's the Matter with Business Ethics?" Andrew Stark, in Harvard Business Review (May-June 1993), Boston, Mass. 02163.
Business ethics is hot in academia: More than 500 courses in...

loosening the credit reins), interest rates would drop. During the 1970s, however, after the Ford and Carter administrations greatly expanded credit to cushion the oil-price shocks, inflation soared. Investors decided that loose credit caused infla- tion. Interest rates rose. "Almost overnight," Morris writes, "the financial headlines executed an about-face: if the Federal Reserve loosened credit, itwas thenceforth taken for granted that interest rates would rise, not fall."
The...

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