Publications Received 

Are Oil Price Movements Perverse? A Critical Explanation of Oil Price Levels 1950-85, by Dr. Yannis Stournaras, Oxford Institute for Energy Studies (OIES), Oxford, UK. pp 58. This paper provides analytical explanations for oil price trends over the past three decades. After summarizing the main features of oil price movements between 1950 and 1984, the paper endeavors to explain why the real price of oil was falling between 1950 and 1970 and goes on to examine...