Book reviews

Tibor Szamuely, The Russian Tradition. (Edited and with an Introduction by Robert Conquest.) London: Secker & Warburg, 1974. x+443 pp. £5.00.

Mahmoud Abdel‐Fadil, La Planification des prix en économie socialiste, Essai méthodologique. (Préface de Henri Bartoli.) Série: Sciences Economiques —3. Paris: Publications de l'Université de Paris I—Panthéon‐Sorbonne, 1975. 296 pp.

Jan Adam, Wage, Price and Taxation Policy in Czechoslovakia 1948–1970. Veröffentlichungen des Osteuropa‐Institutes, München. Reihe: Wirtschaft und Gesellschaft, Heft 15. Berlin: Duncker & Humblot, 1974. 231 pp. DM 66.60.

Stephen Osofsky, Soviet Agricultural Policy. Toward the Abolition of Collective Farms. (Praeger Special Studies in International Economics and Development.) New York: Praeger, 1974. xi+300 pp. $20.00.

Peter J. Potichnyj, Soviet Agricultural Trade Unions, 1917–70. Toronto: University of Toronto Press and London: OUP, 1972. xix+258 pp. £6.25.

Roy A. Medvedev, On Socialist Democracy. (Translated from the Russian and edited by Ellen de Kadt.) London: Macmillan, 1975. xxii+405 +xv pp. £12.00.

The Bolsheviks and the October Revolution. Minutes of the Central Committee of the Russian Social‐Democratic Labour Party (bolsheviks) August 1917‐February 1918. Translated from the Russian by Ann Bone. London: Pluto Press, 1974. x+331 pp. £6.60. £2.70 (paperback).

G. I. Tunkin, Theory of International Law. Translated, with an introduction, by William E. Butler. London: Allen & Unwin, 1975. First published in Great Britain in 1974. xxv+497 pp. £8.00.

Bohdan R. Bociurkiw and John W. Strong (eds.), Religion and Atheism in the U.S.S.R. and Eastern Europe. London: Macmillan, 1975. xviii+412 pp. £10.00.

R. S. Mathieson, The Soviet Union: An Economic Geography. London: Heinemann Educational Books, 1975. xvii+342 pp. £7.50.

Violet Conolly, Siberia Today and Tomorrow. A Study of Economic Resources, Problems and Achievements. London and Glasgow: Collins, 1975. 248 pp. £4–95.

Burton Paulu, Radio and Television Broadcasting in Eastern Europe. Minneapolis: Minnesota UP and London: OUP, 1974. xi+592 pp. £13.25.

John McLeish, Soviet Psychology: History, Theory, Content. London: Methuen, 1975. xii+308 pp. £6.95.

Robin Edmonds, Soviet Foreign Policy 1962–1973: The Paradox of Super Power. London: OUP, 1975. xiv+197 pp. £4.50.

Michael MccGwire, Ken Booth and John McDonnell (eds.), Soviet Naval Policy. Objectives and Constraints. (Praeger Special Studies in International Politics and Government.) New York: Praeger and London: Pall Mall Press, 1975. xxvi+663 pp. $32.50. £14.25.

Jerome M. Gilison, The Soviet Image of Utopia. Baltimore and London: The Johns Hopkins UP, 1975. 192 pp. £4.85.

Victor Serge and Natalia Sedova Trotsky, The Life and Death of Leon Trotsky. London: Wildwood House, 1975. 296 pp. £6.95.     

Trump Is The Right Leader To Achieve Peace With North Korea

If he treads carefully and follows these steps, he may be the US president to turn the tables on this conflict.     

On solow's residual with intermediate goods

Many efforts have been made to identify the sources of the ‘unexplained’ output, better known as the ‘residual’ generated in the process of growth. The paper is an attempt to show that the magnitude of the estimated residual based on Professor Solow's well‐known method actually depends on how the dependent variable in the production function is defined. Part of the computed residual is built‐in if value‐added, instead of gross production, is chosen as the dependent variable when Solow's method is applied to a disaggregated model. The paper also demonstrates how the extent of the bias is measured.