Books in Brief

The New Europe and Its Economic Future, by Arnold B. Barach (Macmillan, $1.95). This Twentieth Century Fund paperback survey is primarily an updating of the Fund’s previous study, “Europe’s Needs and Resources,” published in 1961. With a plethora of facts, figures, bar graphs and comparisons between the Europe of today and the Europe of the late 1950s and the 1970s, the actual and predicted dramatic rise in consumption, production, and investment is forcefully brought home. While the serious economist may shy away from the study’s journalistic slant, speech writers will rejoice in the multitude of convenient predictions. The picture painted is surprisingly consistent for almost all of the 18 countries (from Greece to Iceland) covered: sharply higher per capita incomes, a decreasing percentage of people employed in agriculture, a greatly increased demand for services, and a growing dependency on imports to cover such key items as coal and oil, meat, and fibers.

J. B. BENDER

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British Conservative Party

The New Europe and Its Economic Future, by Arnold B. Barach (Macmillan, $1.95). This Twentieth Century Fund paperback survey is primarily an updating of the Fund’s previous study, “Europe’s Needs and Resources,” published in 1961. With a plethora of facts, figures, bar graphs and comparisons between the Europe of today and the Europe of the late 1950s and the 1970s, the actual and predicted dramatic rise in consumption, production, and investment is forcefully brought home. While the serious economist may shy away from the study’s journalistic slant, speech writers will rejoice in the multitude of convenient predictions. The picture painted is surprisingly consistent for almost all of the 18 countries (from Greece to Iceland) covered: sharply higher per capita incomes, a decreasing percentage of people employed in agriculture, a greatly increased demand for services, and a growing dependency on imports to cover such key items as coal and oil, meat, and fibers.

J. B. BENDER