Autonomy and Interdependence: U.S.-Western European Monetary and Trade Relations, 1958-1984

By trying for too long to sustain domestic autonomy in economic matters, the United States has weakened its ability to adjust to the interdependent world economy it has done so much to create. In making a good case for this argument, Professor Ilgen of Brandeis sometimes pushes his thesis too far and provides more diplomatic than economic analysis. But he has produced a good book with many suggestive points, and he connects his thesis to other interpretations of the large events he covers.