[This book review by Dwight Murphey appeared in the October 1989 issue of Universitas, the national newsletter of University Professors for Academic Order.]



Book Review


[This review was published in Universitas, the newsletter of University Professors for Academic Order, in November 1989.]



The Midnight Economist: Meditations on Truth and Public Policy

William R. Allen

San Francisco: Institute for Contemporary Studies, 1989


          UPAO member William R. Allen, professor of economics at UCLA, has for several years presented radio and newspaper commentaries as “The Midnight Economist.”  This second compilation of his work covers the years 1981-1988.  Here is part of UPAO member Milton Friedman’s Introduction to the book:


          “William Allen is a professional economist with a natural ear for economics.  He reasons like an economist, eats, sleeps, and breathes economics, as a good economist should.  But he has something else, a quality that is far rarer—the ability to explain his economic reasoning to others, in language they can understand and in language that will intrigue and interest them.


          “I marvel at his versatility, the wide range of problems and issues he covers, and even more at his skill at finding a fresh and arresting way to present each item.”


          Highly recommended.