Paper Money

In This Review

Paper Money

By Adam Smith
Summit Books, 1981
335 pp. $13.95

Like the first Adam Smith, this one writes about important issues, in the present case oil, inflation, real values and the economic system. Unlike his predecessor, this one is a bit short on prescriptions, though he is vivid about what happens if nothing changes. Good research and interviews, provocative writing and an eye for detail make this a most attractive account of an unattractive state of affairs.

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