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On 26th November, with the help of a speech by Robin Leigh‐Pemberton, the Governor of the Bank of England, Investors in Industry launched a new book by G M J Richardson Understanding industry today (David and Charles, 1984. Paper £4; Hardback £7.95. ISBN 0 7153 8663 8). It is based on a course of eight lectures which have for the last five years been successfully delivered to over 23,000 sixth‐form pupils under an ‘Understanding Industry’ scheme devised by Investors in Industry. The book goes further than the course and provides a clear, readily understandable account of what goes on in industry and its immense importance to the life of the community. Ignorance of industry is by no means confined to sixth form pupils and though the book is especially useful, in a library context, for school libraries and children's libraries, it would undoubtedly also be an excellent acquisition in public libraries for adult readers. It defines many terms used in industry, debunks mystique, clears up common misconceptions, and I wish I had had it available when I was an industrial information officer to put into the hands of my company's new recruits.