The American Council of Learned Societies, in its new series of monographs on "Current Soviet Thought," is providing mimeographed English translations of important Russian works on contemporary politics, economics and cultural affairs. The volume here translated appeared in Russia during 1947 and was written by the Deputy Premier of the U.S.S.R. and Chief of the State Planning Commission. It is a curious and disturbing mixture of statistical fact, Marxian dialectic and Soviet propaganda -- and the reader has difficulty in discerning which is which. But the author's official position lends considerable importance to his economic interpretations and distortions of history, and, above all, his statement of the basis for east-west collaboration. The French edition of this book appeared as "L'Économie de Guerre de l'U.R.S.S.: 1941-1945" (Paris: Médicis, 1948, 140, p. Fr. 180).