This is a splendid book on two counts. First, it carefully examines how well or ill economic aid serves as an instrument of foreign policy, drawing salutary lessons from the American experience with Egypt. It treats not only the relevance of aid to foreign policies but also the question of whether the policies themselves were well conceived and carried out. Second, it provides the most complete and accurate account yet published on the course of U.S. relations with Nasser's Egypt during the 1950s and 1960s, drawing on recently available primary material. The coverage of the period of massive aid during the Sadat regime is more in the nature of a summary but still productive of useful conclusions.