Editor's note: Every Sunday, Fortune publishes a favorite story from our magazine archives. This week, as congressional leaders and the Obama Administration continue with fiscal cliff negotiations, we turn to a feature from December 1934 on the ballooning federal budget during the New Deal era.
The $14,000,000,000 that the President has been given to spend, the national debtthat will shortly be $32,000,000,000, and our present two-year predicted deficit of $9,295,000,000. Should we worry?FORTUNE MORE
Dec 16, 2012 9:30 AM ET
In his latest book, Nassim Taleb celebrates the strengthening effects of stress and chaos.
By Scott Cendrowski, writer-reporter
FORTUNE -- How did Switzerland become the most stable country in history? Its currency, unlike ours, keeps hitting new highs post-crisis, yet Switzerland doesn't have a large central bank working behind the scenes. For that matter, it doesn't have much of a central government. In Antifragile: Things That Gain From Disorder, Nassim Taleb MORE
Dec 14, 2012 7:59 AM ET
Entrepreneurs are vying for the top spot in The End Childhood Obesity Innovation Challenge, which combines business acumen with healthy eating strategies for kids.
By Erika Fry
FORTUNE -- Ray Newlands calls himself "just a little guy from South Florida." Kids call him "Short Chef". And while those descriptions are physically apt -- he's 5'5'' -- height is not what Newlands is known (or named) for: he wears shorts while he MORE
Dec 13, 2012 10:36 AM ET