The Flexible Budget

John H. Williams’s new book. The Flexible Budget (McGraw-Hill, $2.50), is a blueprint for executives. While the historians write and the bankers argue and the economists investigate, somebody has to keep the wheels of industry turning now, whatever may happen to-morrow. This book is eminently practical, accepts things as they are, offers the outline of a scheme whereby the executive can the better grapple with his everyday expenses. Its reforms are local.

HOWARD DOUGLAS DOZIER