Western Economies in Transition

In This Review

Western Economies in Transition

Edited by Irving Leveson and Jimmy W. Wheeler
Westview Press (for the Hudson Institute), 1980
438 pp. $29.50

At least three signs of the times are embodied in this volume: (1) several departments of the U.S. government supported the Hudson Institute's conference because of growing concern about the resistances in the old industrial centers to changes in the world economy; (2) the authors, from a number of countries, disagree as to the criteria that determine what is "structural"; (3) there is much condemnation of government intervention in economic processes but few persuasive demonstrations that constructive adjustment will take place without it.

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