Volume 21, Number 11 · June 27, 1974
The End of an Era
By Geoffrey Barraclough
The New Economics: One Decade Older
by James Tobin
Princeton University Press, 105 pp., $6.50
The Unstable Economy: Booms and Recessions in the US Since 1945
by Victor Perlo
International Publishers, 238 pp., $4.25 (paper)
Death of the Dollar
by William F. Rickenbacker
Delta, 189 pp., $1.95
The World in Depression, 1929-1939
by Charles P. Kindleberger
University of California, 336 pp., $3.45 (paper)
The Kondratieff Wave
by James B. Shuman, by David Rosenau
Delta, 198 pp., $3.45 (paper)
The Great Wheel: The World Monetary System
by Sidney E. Rolfe, by James L. Burtle
Quadrangle, 279 pp., $9.95
The Management of Interdependence: A Preliminary View Foreign Relations
by Miriam Camps
No. 4 in the Council Papers on International Affairs, Council on, 104 pp., $2.50 (paper)
The Retreat of American Power
by Henry Brandon
Delta, 368 pp., $2.95 (paper)
An Inquiry Into the Human Prospect
by Robert L. Heilbroner
Norton, 150 pp., $1.95 (paper)
'The most significant political figure in Nixon's Washington,' economist Eliot Janeway once observed, is 'Hoover's ghost.' Not, as journalists like Henry Brandon would have us believe, Metternich's ghost, strutting about in the guise of 'the President's first minister, Dr. Kissinger.' Like Metternich, Brandon candidly reports, Kissinger is 'bored' by economics. It is a cardinal flaw in a world in which, unlike Metternich's, economics and politics are inseparable, and it is only necessary to recall the fate of Kissinger's much trumpeted Grand Design, produced with such fanfare in April, 1973, to see its consequences. 'Pure baloney,' commented Joseph Kraft when the Kissinger plan appeared, and he was not wrong.
Review, 8509 words
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