PERIODICALS
What Budget "Is the Federal Budget Out of Control?" bv Richard W. Kopcke, in New England Deficit? ~>onomicReview (NOV.-D~C.
1981), Re- search Dept., Federal Reserve Bank of Boston, 600 Atlantic Ave., Boston, Mass. 02106.
A federal budget deficit simply reflects the government's irresponsible penchant for spending more than it earns; right? Wrong, says Kopcke, an economist with the Federal Reserve Bank of Boston. The federal budget is not even a conventional budget. Its...