Discussion Paper
Comment on ‘Interindustry Economics’ by Chenery and Clark
In publishing “Interindustry Economics,” Hollis Chenery and Paul Clark have furnished the profession with a uniquely useful work — both a readable textbook for the beginner, and at the same time a systematic treatise for the input-output practitioner. It is unfortunate, however, that the authors have leaned over backwards to find merits in Leontief’s original model as compared with the activity analysis approach to interindustry economics.