In book form, these six lectures which are delivered at Amherst College by a Columbia University Professor of Economics, the...

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GUIDEPOSTS IN TIME OF CHANGE

In book form, these six lectures which are delivered at Amherst College by a Columbia University Professor of Economics, the author also of Alternative to Serfdom. With clear argument and analogy, he discusses the threat of totalitarianism, formerly Nazi, now Soviet, and how a modus vivendi with the Russians can be reached; he outlines our own objectives- particularly freedom, what spheres of liberty and what controls must be retained; and in turning to our own economic mechanism, he relates the issues of spending, employment, wages, prices and costs, collective bargaining (the alternative to serfdom), concluding that there must be a balance between planning and freedom, between individual and collective motives. For the more serious reader, this also demands a certain understanding of economic cause and effect.

Pub Date: Feb. 2, 1948

ISBN: N/A

Page Count: -

Publisher: Harper

Review Posted Online: N/A

Kirkus Reviews Issue: Feb. 1, 1948