PARKER HOUSE BOSTON, MASSACHUSETTS November 29, 1990

Welcome to New England Circle.

This evening's Discussion Leader is ROBERT B. REICH, one of America's foremost political economists. Mr. Reich teaches political economics and management at Harvard University's Kennedy School of Government. He serves as leading advisor to politicians, corporations, and government agencies. He is the author of The Next American Frontier, Tales of a New America, and The Resurgent Liberal. His next book, The Work of Nations: Capitalism in the 21st Century which examines the national purpose within the emerging global economy, will appear early next year. Chairman of the editorial board of The American Prospect, Mr. Reich is also a contributing editor of The New Republic and World Policy and his articles appear regularly in the Harvard Business Review and the Atlantic. He is a regular columnist for Nihon Keizai Shimbun, one of Japan's leading newspapers; and a regular com- mentator on public radio's "Marketplace" and public television's "Nightly Business Report."

Tonight's Moderator, LAWRENCE INGRASSIA, is the Boston bureau chief of the Wall Street Journal. He oversees the coverage of economic, corporate, political, and social trends for the Journal in New England. A veteran editor and writer with the Journal for 12 years, Mr. Ingrassia has been in Boston since 1986. Previously, he was deputy bureau chief in London.

New England Circle invites men and women of different cultures, political persuasions and professions to exchange ideas and opin- ions. We invite as many guests as we can to participate in the limited number of Circles held each year. New England Circle evolves out of a tradition inaugurated here at the Parker House in the 18th Century. Tonight's discussion on global economy could awaken the spirit of those who inaugurated those colloquiums, then called the Saturday Club. Literary giants, such as Ralph Waldo Emerson, Charles Dickens, Henry Wads- worth Longfellow and others, gathered regularly for lively informal discussions. These meetings formed a tradition that continues to influence today's Circle which started here sixteen years ago. Beverly Anderson-Manley, Political Scientist, Radcliffe College, Cambridge, MA Wendy O'Donnell Ballinger, Executive Director, Ford Hall Forum, Boston, MA Tony Barrington, Kimball Chase Company, Portsmouth, NH Bill Batson, Volunteer, New England Circle, Boston, MA Habiba Bayi, Special Assistant to the Chair, Citizens' Energy Corporation, Boston, MA Robert Beckenstein, President, Beckenstein Enterprise, East Hartford, CT Brian Bickford, President, Bickford Limited International, Richmond, ME Patricia Blakeney, Software Specialist, Digital Equipment Corporation, Waltham, MA Bruce Boiling, President, Boston City Council, Boston, MA Francisco L. Borges, Treasurer, State of Connecticut, Hartford, CT G. Paul Bozuwa, Associate, Kearsarge Ventures, L.P., Manchester, NH Chris Burns-Dibiasio, Affirmative Action Director, University of New Hampshire, Durham, NH James L. Bush, President and Owner, Bush and Company, Hingham, MA Charles Campion, Consultant, The Pyramid Company, Boston, MA Jacalyn L. Cilley, Marketing Consultant, Concord, NH Sophia Collier, Newmarket, NH George W. Crockett, Turner Barker Realty, Portland, ME Kathleen Cross, Law Clerk to Judge David Nelson, Brighton, MA Steven Curwood, Executive Producer, Public Radio, "Living on Earth," Arlington, MA Barbara Reynolds Dunfey, Realtor, Portsmouth, NH Eileen Dunfey, Cape Elizabeth, ME Jerry Dunfey, President, New England Circle, Portsmouth, NH John P. Dunfey, Founder, Omni/Dunfey Hotels, Portsmouth, NH Peter J. Dunfey, Cape Elizabeth, ME William R. Dunfey, Director of Admissions, Roger Williams College, Bristol, RI Robert J. Dunfey, Sr., Director, The Dunfey Group, Portsmouth, NH E. Lovell Dyett, Television Journalist/Radio Talkmaster, Newtonville, MA Constance Eaton, South Berwick, ME Patricia P. Ellen, Controller, The Dunfey Group, Portsmouth, NH Brad Fauvre, Student, Harvard Business School, Boston, MA Patrick Flynn, Writer and Columnist, South Hamilton, MA Eleanor Dunfey Freiburger, Associate Professor, New Hampshire College, Manchester, NH James L. Freiburger, Assistant Professor, New Hampshire College, Manchester, NH Joan J. Green, Social Worker, Manchester, NH William S. Green, Attorney, Manchester, NH Martin Gross, Attorney, Concord, NH Joanne Gustafson, Board Member, Child Health Services, Manchester, NH Richard Gustafson, President, New Hampshire College, Manchester, NH Nadine B. Hack, Political Activist, New York, NY William B. Hart, Jr., Chair, New England Circle, Portsmouth, NH L. Howard Hartley, Cardiologist, Brigham and Women's Hospital, Wayland, MA Michael C. Harvell, Partner, Sheehan, Phinney, Bass & Green, Portsmouth, NH Gary Hirshberg, President and CEO, Stonyfield Farm, Londonderry, NH Kensaku Hogen, Consul General of Japan, Boston, MA Karen Holmes, Producer/ Host "City Line," WCVB TV-5, Needham, MA Herbert L. Holtz, Attorney, Boston, MA Ronald A. Homer, President and CEO, Boston Bank of Commerce, Boston, MA Lawrence Ingrassia, Bureau Chief, Wall Street Journal, Boston, MA Frederick M. Jervis, President and Founder, Center for Constructive Change, Durham, NH Alan S. Johnson, Attorney, Boston, MA Paul T. Keenan, P.T.K. & Associates, Rye Beach, NH Elaine S. Krasker, Former New Hampshire State Senator, Portsmouth, NH Sheldon Krasker, President and CEO, Portsmouth Paper Company, Portsmouth, NH Daniel Lam, Director, Dan Lam Associates, Randolph, MA Diana Lam, Superintendent of Schools, Chelsea, MA James W. Lawson, Attorney, Cambridge, MA M. David Lee, Vice President, Stull & Lee, Boston, MA Robert Levine, President, New England Business Association of Social Responsibility, Concord, NH Maurice Lewis, Producer, WBCN "Boston Sunday Review," Boston, MA Tom Luce, Fellow, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Melissa Ludtke, Correspondent, Time Magazine, Boston, MA Katherine E. McDermott, Medford, MA William J. McNally, Executive Director, The American Ireland Fund, Boston, MA Harrison L. Moore, Technology Journalist, MicroFocus, Belmont, MA Robert Muldoon, Attorney, Arlington, MA David S. Nelson, Judge, United States Federal District Court, Boston, MA Fred O'Brien, Vice President and Manager of Commercial Lending, BankEast, Manchester, NH Brian Wright O'Connor, Managing Editor, Bay State Banner, Boston, MA Yaron Ofek, Product Manager, Appex, Boston, MA Christopher Perry, Information Systems Assistant, Berklee College of Music, Boston, MA Colette A.M. Phillips, President, APR Company Limited, Brighton, MA Charles Powers, Principal, Resources for Responsible Management, Boston, MA Janice S. Randall, Coordinator, Distinguished International Visitor Program, Bunting Institute, Radcliffe College, Cambridge, MA Jessie Rattley, Fellow, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Robert Reich, Professor, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Lisa Rideout, Director of Investment Counseling, Casco Northern Bank, Portland, ME Dick Riley, Fellow, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Ted Riley, Fund Raiser, Democratic National Committee, Washington, DC Tunky Riley, Public Education Leader, Greenville, South Carolina Sam Rosen, Professor Emeritus, University of New Hampshire, Durham, NH Deborah S. Sanders, Director, New England Circle, Portsmouth, NH Jack Sanders, Attorney, Hampton, NH Thomas Sculco, Law Student, Boston College, Natick, MA Eswaran Selverajah, Planner, ABCD Program — Boston, Brookline, MA James A. Shanahan, Manchester, NH Judith Shanahan, Manchester, NH Marybeth Sorgi, Program Director, New England Circle, Portsmouth, NH Melor Sturua, Fellow, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Michael Swack, Director of C.E.D. Program, New Hampshire College, Manchester, NH Pamela K. Sweeney, Student, Mid-Career/Masters in Public Administration, John F. Kennedy School of Government, Harvard University, Cambridge, MA Dale Temple, Regional Manager, LandVest, Boston, MA Catha Tremblay, Volunteer, New England Circle, Milton, MA Helen Trimble, Executive Vice President, Academic Affairs, Emmanuel College, Boston, MA Tony Van Der Meer, Director of Marketing and Outreach, Boston Community Loan Fund, Boston, MA Lori Vandermeulen, Account Analyst, Signal Capital/Itel Corporation, Cape Neddick, ME Jeffrey Vose, Vice President, Beckenstein Enterprise, East Hartford, CT Carol Wagan, Attorney, Massachusetts Continuing Legal Education, Boston, MA Jane K. Walsh, Executive Assistant to Robert J. Dunfey, Sr., Portsmouth, NH Jacquelyne K. Weatherspoon, Student, Mid-Career/Masters in Public Administration, John F. Kennedy School of Government, Harvard University, Cambridge, MA JoAnne Wilburn, Conference and Development Coordinator, Institute of Politics, John F. Kennedy School of Government, Harvard University, Cambridge, MA Janis P. Williams, Vice President, Center for Constructive Change, Durham, NH Gayle Winokur, Senior Development Engineer, CEA, Portsmouth, NH David Wright, Law Clerk to Judge David Nelson, Somerville, MA NEW ENGLAND CIRCLE Founded 1974.

"Our purpose is to assemble a diverse group of concerned individuals for discussions of social, political, literary and educational topics; our goal is to exchange challenging ideas and opinions that can lead to constructive change in our lives, our nation and our world." The Dunfey Family

New England Circle is a nonprofit, nonpartisan foundation for educational purposes. Circles Past For more than sixteen years we have enjoyed a lively and stimu- lating exchange of views and ideas. Some Circle topics and Discussion Leaders have been:

INDUSTRY / ECONOMICS / CITIES NEIGHBORHOODS / FARM CRISIS Jimmy Breslin Stanislav Menshikov Doug Fraser Bill Moyers John Kenneth Galbraith Ralph Nader Senator Tom Harkin Jim Rouse Ed Koch Senator Warren Rudman Andy Young

WORLD PEACE / NUCLEAR ARMS CONTROL Daniel Berrigan George Kistaikowsky Rev. William Sloane Coffin Henry Cabot Lodge Roger Fisher Congressman Ed Markey John Hume Inga Thorsson

FOREIGN AFFAIRS Ed Asner Robert McNamara Mubarak Awad Michael Manley Jennifer Casolo Reverend Beyers Naude Charlie Clements Chris Norton Douglas Farah Clara Lopez Obregon Paul Fitzgerald Yosef Olmert Tom Gibb Tony O'Reilly Allen Gotlieb Jim Shannon Michael Harrington Frank Smyth Bianca Jaggar Oliver Tambo Mickey Leland Archbishop Desmond Tutu William Webster

CONGRESS / POLITICS / THE PRESIDENCY Sarah Brady Tom McIntyre Hodding Carter III Senate Majority Leader Jimmy & Rosalynn Carter George Mitchell Senator William Cohen "Tip" O'Neill Henry Steele Commager Jody Powell Governor Ken Curtis N. "Pete" Shields Congressman Barney Frank White House Chief of Staff Mark Gerzon John Sununu Dick Goodwin U.S. Attorney General Ted Kennedy Dick Thornburgh Madeleine Kunin Maxine Waters

HUMAN RIGHTS Harry Belafonte Isabel Letelier Julian Bond Reverend Paul Mayer Victoria Garron de Doryan Margaret Papandreou Marian Wright Edelman Carmen Saenz de Phillips Geraldine Ferraro Martin Sheen Jane Fonda Mitch Snyder Dick Gregory Gloria Steinem Henry Hampton Susan Wood Coretta Scott King Donald Woods