Book reviewed in this article:Corporation Trust and Company. By C. A. Cooke. Cambridge, Mass.: Harvard University Press, 1951. Pp. 206. $3.00.Direct Placement of Corporate Securities. By E. Raymond Corey. Boston: Harvard University Graduate School of Business Administration, Division of Research, 1951. Pp. x+233. $3.50.Investments for Professional People. By Robert U. Cooper, M.D. New York: Macmillan Co., 1951. Pp. xvi+342. $4.00.The Stock Market. By Charles Amos Dice and Wilford John Eiteman. Third edition; New York: McGraw‐Hill Book Co., 1952. Pp. xii+460. $6.00.Security Analysis. By Benjamin Graham, David L. Dodd, and Charles Tatham, Jr. Third edition; New York: McGraw‐Hill Book Co., 1951. Pp. xiii+770. $8.00.Federal Reserve Policy‐Making. By G. L. Bach. New York: Alfred A. Knopf, 1950. Pp. xvii+282. $3.00.The Economics of Armament Inflation. By Jules Backman. New York: Rinehart and Co., Inc., 1951. Pp. xvi+234. $1.75.Prices and Inflation during the American Revolution. By Anne Bezanson. Philadelphia: University of Pennsylvania Press, 1951. Pp. xvi+362.Studies in Income and Wealth. By the Conference on Research in Income and Wealth. New York: National Bureau of Economic Research, 1952. Pp. x+276. $3.50.The Economics of Mobilization and Inflation. By Seymour E. Harris. New York: W. W. Norton Co., 1951. Pp. xii+308. $5.50.Defense without Inflation. By Albert G. Hart. New York: Twentieth Century Fund, 1951. Pp. xiv+186. $2.00.Life Insurance. By Joseph B. Maclean. New York: McGraw‐Hill Book Co., 1951. Pp. xiii+697. $4.50.Taxation and the American Economy. By William H. Anderson. New York: Prentice‐Hall Co., Inc., 1951. Pp. xxi+598. $6.00.Fraud under Federal Tax Law. By Harry Graham Balter. Chicago: Commerce Clearing House, Inc., 1951. Pp. 330. $6.00.Effects of Taxation: Corporate Mergers. By J. Keith Butters, John Lintner, and William L. Cary. Boston: Harvard University Graduate School of Business Administration, 1951. Pp. xviii+364. $4.25.The Liquor Tax in the United States. By Tun Yuan HU. New York: Columbia University Graduate School of Business, 1950. Pp. viii+188. $2.75.Taxation in Canada. By J. Harvey Perry. Toronto: University of Toronto Press, 1951. Pp. xiii+409. $6.00.The Soviet Financial System. By Mikhail V. Condoide. Columbus, Ohio: The Bureau of Business Research, College of Commerce and Administration, Ohio State University, 1951. Pp. xiii+230. $4.00.International Economics. By Stephen Enke and Virgil Salera. Second edition; New York: Prentice‐Hall Co., Inc., 1951. Pp. ix+724. $5.00.History and Policies of the Home Owners' Loan Corporation. By C. Lowell Harriss. New York: National Bureau of Economic Research, 1952. Pp. xix+204. $3.00.