Hayek's book, first published in 1960, urges us to clarify our beliefs in today's struggle of political ideologies.

    It proposes enlightening similarities between, for instance, maneuvering in limited war and in a traffic jam; deterring the Russians and one's own children; the modern strategy of terror and the ancient institution of hostages.

    

    One of the worst blows to American democracy was the rise of Senator McCarthy's campaign of fear against communism. Du Bois says that his career has been a long struggle to increase social and political equality for African Americans. This campaign has succeeded in expanding opportunity for African Americans to the extent that some successful African Americans have been able "to join the forces of monopoly and exploitation and help victimize their own lower classes." The next step in eliminating discrimination against African Americans must consist of an economic program that provides opportunities for their employment and social welfare. He speaks of his travels abroad, including his experience receiving medical care under Britain's socialized medicine system. Du Bois sees socialism as spreading inevitably, and predicts that by the 21st century most countries will have communist governments. African Americans must be invested in learning the truth about socialism; in reading, studying and witnessing firsthand socialist societies. This is the only way that they may "preserve their culture, get rid of poverty, ignorance and disease, and help America live up at least to a shadow of its vain boast as the land of the free and the home of the brave."

    The editor has added a new introduction and preface to this volume. An outstanding anthology which includes a number of important essays otherwise hard or impossible to find in English.

    This book discusses how this goal might be achieved, beginning with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Beveridge claimed that the upward pressure on wages, due to the increased bargaining strength of labour, would be eased by rising productivity, and kept in check by a system of wage arbitration. The cooperation of workers would be secured by the common interest in the ideal of full employment. Alternative measures for achieving full employment included Keynesian-style fiscal regulation, direct control of manpower, and state control of the means of production. The impetus behind Beveridge's thinking was social justice and the creation of an ideal new society after the war.The book was written in the context of an economy which would have to transfer from wartime direction to peace time. It was then updated in 1960, following a decade where the average unemployment rate in Britain was in fact nearly 1.5%.

    Some have been excerpted from larger works of which they formed a section or a preface, while others were originally conceived and written as independent articles, but all are complete in themselves. They are as various in the range of their subjects as they are in the style of their presentation.Taken together, they constitute a unique collection of important contributions to economic thought that have lasting merit and deserve to be made known in wider circles than they could reach in the languages in which they were originally written.

    Two rival imperialist programmes contended for support: that of the Liberal-Imperialists-Rosebery, Asqueth and Haldane; and that of Joseph Chamberlain and the Tariff Reform League. The author discusses the development of these programmes, as well as individual formulations of social-imperial concepts by, most surprisingly, the Fabian Socialists, Sidney Webb and Bernard Shaw; the Social-Darwinists, Karl Pearson and Benjamin Kidd; the economic historians, W J Ashley and William Cunningham; and by the later developments of these concepts in Britain after World War I.

    David Gale has provided the first complete and lucid treatment of important topics in mathematical economics which can be analyzed by linear models. This self-contained work requires few mathematical prerequisites and provides all necessary groundwork in the first few chapters. After introducing basic geometric concepts of vectors and vector spaces, Gale proceeds to give the main theorems on linear inequalities—theorems underpinning the theory of games, linear programming, and the Neumann model of growth. He then explores such subjects as linear programming; the theory of two-person games; static and dynamic theories of linear exchange models, including problems of equilibrium prices and dynamic stability; and methods of play, optimal strategies, and solutions of matrix games. This book should prove an invaluable reference source and text for mathematicians, engineers, economists, and those in many related areas.