An elegantly written, classic introduction to traditional Chinese philosophy. Waley, who provides lyrical translations, discusses three great threads in this slim book: Daoism, Realism and the writings of Meniscus (closely related to Confucianism). Originally published in 1953, Waley's entertaining anecdotes, evident humor and aphorisms, enliven the text. The first section is entitled In the Realm of Nothing Whatever.  (CHN164, $17.95)