NEW DIMENSIONS OF POLITICAL ECONOMY by Walter W. Heller. 203 pages. Harvard University Press. $3.50.
When Walter Wolfgang Heller was appointed Chief Presidential Economist early in 1961, John Kennedy urged him "to use the White House as a pulpit for public education in economics." Heller did—and Kennedy himself was Heller's first student. This book, Heller's first since he left the Administration two years ago for a $50,000-a-year income as a private consultant and professor at the University of Minnesota, is an admirable account of the political machinations that underlay the recent age of discovery in economics—and welcome not least because he writes...
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