The Art of Computer Programming is a wonderful series. It
is the bible of algorithms design. And although it discusses
very basic algorithms, it's quite a high level book.
The Wolf book is not a good algorithms book. In the introduction,
the Wolf book says that many algorithm books use pseudo-code
and not a "real" language, claiming that that is a drawback
of those other books. Unfortunally, the Wolf book shows that
using pseudo-code is better idea.
If you are looking for a good general Algorithms book, go for
Thomas H. Cormen, Charles E. Leiserson and Ronald L. Rivest:
Introduction to Algorithms, Cambridge: MIT Press,
1990. ISBN 0-262-03141-8. And get yourself the hardcover.
My paperback is falling apart from years of heavy usuage.
-- Abigail