MONEY POLICIES IN ACTION

Lonigan, Edna

Money Policies In Action POSTWAR MONETARY PLANS, by John H. Williams. Alfred A. Knopf. $2.50. Reviewed by Edna Lonigan THIS collection of essays on international monetary problems, fiscal...

...A new structure is necessary as the city grows, but why not study the design of the street...
...His quiet, uncontroversial descriptions of the real world of international trade and finance make the Administration's Bretton Woods Plan, like its earlier deficit spending policy, look like an enormous badly designed office building that newcomers want to add to a street of simple well-designed houses...
...They may today, as then, determine the social structure of this country for generations...
...They are as real as in the days of Andrew Jackson and the fight over a governmental central bank...
...But international and domestic money policies are not abstract issues today...
...The arrangement of the book is unfortunate, and so it is not of much help to the man who wants a serious discussion of technical problems but does not have much time...
...How fortunate it would be if all over this country little groups of men decided to buy or borrow a book like this, and reading it, chapter by chapter, (beginning with Chapter 3), would meet on gasolineless evenings, and give it the thorough discussion it deserves...
...The only defense against propaganda blitzes is guerrilla organization of intellectual defense at the grass roots...
...Reviewed by Edna Lonigan THIS collection of essays on international monetary problems, fiscal policy, and foreign trade, is the work of an economic scholar and a keen observer of the practical scene...

Vol. 9 • April 1945 • No. 15


 
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