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Banking and Policy Issues Magazine

June 1993

Top of the Ninth
Views on the Economy, Montary Policy
Summary of Gary H. Stern's testimony before the Senate Committee on Banking, Housing and Urban Affairs.

Interview with Robert E. Lucas Jr.
Economist Robert E. Lucas talks about expectations, economics and infielding.

Shadow Open Market Committee
The Shadow Open Market Committee has persistently and faithfully, trailed its Federal Reserve namesake for 20 years.

Minneapolis Fed's New First Vice President—Colleen K. Strand

Reserve Banks in Evolving Payments System
As Thomas Gainor and Leonard Fernelius retire, after serving the Federal Reserve Bank of Minneapolis for 75 years, they share comments on their careers and assess the Federal Reserve's place in the payments system and share their visions of its future role.

Book Review
The Fifth Discipline: The Art and Practice of the Learning Organization

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