Business: Capitalism: Is It Working...? Of Course, but...

In an age of economic anxiety, real and rising concerns about whether free enterprise can surmount the problems of inflation, energy and productivity

The relentless daily pounding of dismal news drives deeper the public's conviction that the economy is in a profound and morose crisis. Feverish inflation, previously a rare malady limited primarily to wartime, has become chronic. Price spurts once associated with profligate banana republics are now common to North America and Western Europe and threaten the foundations of democratic societies. With every sign showing that prices in the U.S. will continue soaring even as the nation begins slumping...