In This Review

Trade, Inflation, and the Dollar
Trade, Inflation, and the Dollar
By Thibaut de Saint Phalle
Oxford University Press, 1981, 442 pp

This is a well-written and comprehensive argument in favor of sound money, competitiveness, more emphasis on exports, less regulation (including minimal trade restrictions), and a generally tough attitude toward American interests in the world economy. Detailed statistics demonstrate the points but inevitably slip a bit out of date. The author is a businessman and lawyer who worked at the Export-Import Bank and now heads business and economic studies at the Georgetown Center for Strategic and International Studies.