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Weitzman's book is short, lively, written for non‐economists, and persuasive. Starting with doubts over reported versions of the Weitzman thesis, this reviewer became convinced that its simple message was at least worth serious consideration. Many others have doubtless had thoughts along broadly the same lines as Weitzman. His achievement is to carry such thoughts to a conclusion and to present the argument in vivid and readily comprehensible terms.

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