In This Review

Mainsprings of the German Revival
Mainsprings of the German Revival
By Henry C. Wallich
Yale University Press, 1955, 401 pp

A thoughtful analysis of West Germany's economic recovery. Rejecting the myth of a miracle and eschewing monistic explanations, the author, Professor of Economics at Yale, emphasizes the effect of the East-West split, the intrinsic resources of West Germany, and the successful economic policies of Allied and later German governments.