The questions of whether inflation is harmful or helpful or indifferent to economic growth, whether the elimination of inflation should come before or after a high rate of economic growth has been achieved, and the whole issue of what are the roots of the Latin American inflations, have preoccupied at one time or another almost every economist who has worked in the region. More than any other economic problem, inflation has aroused strong passions in otherwise reflective and technocratically inclined economists, and has compelled many to partake in what almost amounted to an ideological controversy. This experience has, on the one hand, had the effect of forcing economists to reexamine some of the basic value judgments that have been implicit in their analytical work, while, on the other hand, it has often obscured the basic analytical strand that each was following.

Twenty-five years ago folklore scholarship in latin america was the result of the efforts of a handful of professionals and the contributions of a body of devoted amateurs, who operated independently and in isolation from one another. Today the changing picture of Latin American folklore research makes a review of the field highly appropriate. Outwardly there has been an increasing frequency and variety of publication, but more significant is a basic concern with a definition of folklore that will satisfy Latin American scholars. Accompanying this concern with a philosophy of folklore scholarship is an increasing emphasis upon methodology and the organization of folklore studies. Financial support for folklore investigation is more likely to be forthcoming now than a generation ago, although unfortunately there are exceptions.

CLAH Activities in Progress—According to the Conference on Latin American History Newsletter of October 1966, several CLAH publications projects are still in progress. The first CLAH publication, Latin American History. Essays on its Study and Teaching, 1898–1965, a two-volume anthology of writings edited by Howard Cline, is in press at the University of Texas Press with an expected publication date of early spring 1967.