In This Review

The Economic Cycle: Postwar Developments
The Economic Cycle: Postwar Developments
By S. Menshikov
Progress Publishers, 1975, 390 pp

Marxist theory, Western data and an econometric model combine to make an interesting comparative analysis of postwar Western business cycles. The ratio of fairly close analysis to generalization is high, and the approach is unpolemical. For some years on the United Nations Secretariat, the author is now with the Institute of World Economics and International Relations in Moscow.