Reforming the Economies of Eastern Europe  

For over thirty years the Hungarian economist Janos Kornai has been a sophisticated analyst of the communist command economies. His writings have been characterized by a mixture, rare among economists, of rigor, skepticism, and sympathy. Until recently Kornai rejected the …





Robert Lekachman  

I admired Bob Lekachman long before I met him. It was not only that we shared a political perspective. an interest in the history of economic thought. and a belief that economics is too important to be left to the …



Some Truth About Our Economy  

THE GREAT U-TURN: CORPORATE RESTRUCTURING AND THE POLARIZING OF AMERICA, by Barry Bluestone and Bennett Harrison. New York: Basic Books, 1988. 242 pp. $19.95. Ronald Reagan’s victory in 1980 was in part the result of Jimmy Carter’s failure to respond …



A Toad for Breakfast  

Zola once explained how to cope with times like these. One must buy a toad every morning and devour it alive and whole. Only after such a breakfast can one face the newspapers with a tranquil stomach, read and swallow …



Reds Without Politics  

Two young, politically engaged film-makers, Julia Reichert and James Klein, with one successful documentary (Union Maids) to their credit; a subject full of human and political complexity; seven years in preparation, including 400 interviews (only about a dozen make it …



Economics in Trouble  

Theoretical economics, for understandable reasons, is rarely a topic of public discussion. For economists, it is perhaps just as well; they are spared the task of explaining their highly abstract and often irrelevant models. But times of crisis produce demands for …