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In numerous crises after World War II-- Berlin, Korea, the Taiwan Straits, and the Middle East-- the United States resorted to vague threats to use nuclear weapons in order to deter Soviet or Chinese military action. On a few occasions the Soviet Union also engaged in nuclear saber-ratling. Using declassified documents and other sources, this volume examines those crises and compares the decisionmaking processes of leaders who considered nuclear threats with the commonly accepted logic of nuclear deterrence and coercion.

According to conventional wisdom, government may intervene when private markets fail to provide goods and services that society values. This view has led to the passage of much legislation and the creation of a host of agencies that have attempted, by exquisitely detailed regulations, to compel legislatively defined behavior in a broad range of activities affecting society as a whole-- health care, housing, pollution abatement, transportation, to name only a few.

The financial services industries are undergoing revolutionary change. Continuing technological advances, coupled with the removal of controls on deposit interest rates and barriers to interstate bank expansion, have ushered in a new age of competition among banks themselves and between banks and other types of financial institutions. What Should Banks Do? offers a new and controversial proposal for carefully circumscribed diversification. Robert Litan first examines what role banks should play in this altered environment: Should banks and their holding companies be confined to the "business...

This work explains the role of the US president in a separated system of government. It shows how such a system works under the circumstances allowable by the Constitution and a two-party structure. It looks at presidents - who they are and how they differ, and the organization of the White House and cabinet, and how both change during an administration. It also covers public support - how it varies and what it means; the continuing agenda and how presidents manage it; lawmaking and how it works; where the president fits into the lawmaking process and how that varies from issue to issue; and...