In This Review In This Review
Buying Into America: How Foreign Money Is Changing The Face Of Our Nation
By Martin and Susan Tolchin
Times Books, 1988, 400 pp.
Excellent exposition, limited analysis and abbreviated conclusions mark this book, which is timely, although inevitably it has not kept up with the very latest events. Comprehensive overall data are brought down to earth in a series of well-told episodes. The variety of forms of foreign investment in the United States is displayed, but not very much is made of the significance of the differences or their potential. The briefly stated recommendations for policy make a good case for better information but leave the arguments for "reciprocity," regulation and a "level playing field" without much useful exploration.
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