Politics and Markets: The World's Political-Economic System

In This Review

Politics and Markets: The World's Political-Economic System

By Charles E. Lindblom
Basic Books, 1977
512 pp. $15.00
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At first some patience is needed to follow step by step through some familiar territory, but the effort is worth it. Many things usually believed turn out not to be so; Professor Lindblom of Yale makes unusual distinctions and has new perspectives on critical issues. Authority, democracy, participation and liberty; government and business; what markets can and cannot do, and the different kinds of planning, are among the issues subjected to original and provocative analysis in this outstanding if somewhat uneven book.