The power economy : building an economy that works /
John Oliver Wilson.
1st ed. --
Boston : Little, Brown, c1985.
xvii, 302 p.
0316945021 :
More Details
Boston : Little, Brown, c1985.
0316945021 :
general note
Includes index.
catalogue key
Bibliography: p. [291]-294.
A Look Inside
Full Text Reviews
Appeared in Choice on 1985-12:
The press reports daily on the latest discussions of economic protectionism. US representatives, senators, governors, and other public officials call for the protection of US industry from foreign competition. Leaders of various industries and labor officials press for legislation to prevent overseas manufacturers from capturing US markets and jobs. Wilson reviews the economic experiments of the US, Germany, France, Great Britain, and Japan and concludes that protectionism is not the answer to the problems faced by these nations. The US and its allies must recognize the global nature of the economy, and escape economic parochialism by building a power economy that recognizes the economic interrelatedness of the industrial economies. Investment, technological development, education, research, sound and well-balanced industrial policy, and cooperation-not protectionism-will provide the basis for economic growth and development. The author presents an evenhanded critique of the economic policies of Reagan, Thatcher, Mitterrand, Kohl, and Japanese leadership. He concludes that they are all destined to fail. An extremely readable, thought-provoking study by a professional economist well versed in the subject, who offers a careful analysis. Upper-division students and above as well as general readers.-A.L. Dickes, Washburn University of Topeka
This item was reviewed in:
Kirkus Reviews,
Choice, December 1985
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