Extracts from reviews:
Economists have this thing about inflation; some think a little bit is OK, and others think it is the first step on the road to perdition. Snooks believes the battle against inflation has held back the world, particularly the developing world. In this book he urges that the "crises [sic] makers" (i.e., those who advocate strict monetary and fiscal controls aimed at eliminating or at least controlling inflation) be sent packing. In his opinion, leadership in the government sector has failed and strategic leadership is needed, particularly on the part of governments in national economies. This volume is the capstone to Snooks' recent work published in six volumes, e.g., Global Transition: A General Theory of Economic Development (CH, Apr'00). In eight chapters he outlines the central points of his thesis. The book also contains a short bibliography and glossary of terms. Most suitable for upper-division undergraduate through professional collections.
D.E. Bond, Choice, vol. 38, no. 4, December 2000, p. 755.
The scope and originality of the work of Graeme Donald Snooks are remarkable. In a series of major works of scholarship in the 1990s, he has articulated a powerfully constructed general theory of history and economics. This is work on a scale that invites comparison with the ambitious work of Karl Marx in the nineteenth century, or with John Maynard Keynes' work in the mid-twentieth century . . . Snooks is putting the whole of our economic past and its fundamentally dynamic character into a perspective which neither the classical economics of Marx nor the neoclassical economics of Keynes was able to offer . . . If we are to grapple with what possible futures could lie ahead for the human species, for economies and for states, we must reckon with the insights and arguments of Professor Snooks.
Paul Monk, University of Melbourne |
