Economic disequilibrium in a centrally planned economy under directive-type management

Economic disequilibrium in a centrally planned economy under directive-type management PDF Author: Alfred B. Bieć
Publisher:
ISBN:
Category :
Languages : en
Pages : 25

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The Romanian Economic Reform Program

The Romanian Economic Reform Program PDF Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 9781557751904
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.

The Second Economy in Disequilibrium and Shortage Models of Centrally Planned Economies

The Second Economy in Disequilibrium and Shortage Models of Centrally Planned Economies PDF Author: Christopher Davis
Publisher:
ISBN:
Category : Central planning
Languages : en
Pages : 86

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An Evolutionary Theory of Economic Change

An Evolutionary Theory of Economic Change PDF Author: Richard R. Nelson
Publisher: Harvard University Press
ISBN: 9780674041431
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

Economic Calculation in the Socialist Commonwealth

Economic Calculation in the Socialist Commonwealth PDF Author: Ludwig Von Mises
Publisher: Ludwig von Mises Institute
ISBN: 1610164547
Category : Marxian economics
Languages : en
Pages : 48

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Socialist Economic Systems

Socialist Economic Systems PDF Author: Steven Rosefielde
Publisher: Taylor & Francis
ISBN: 1000899497
Category : Business & Economics
Languages : en
Pages : 327

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Book Description
Bernie Sanders’ socialist advocacy in the United States, communist China’s economic successes and a Marxist revival are inspiring many to muse about improved strategies for building superior socialist futures. Socialist Economic Systems provides an objective record of socialism’s promises and performance during 1820–2022, identifies a feasible path forward and provides a rigorous analytic framework for the comparison of economic systems. The book opens by surveying pre-industrial utopias from Plato to Thomas More, and libertarian communal designs for superior living. It plumbs all aspects of the revolutionary and democratic socialist political movements that emerged after 1870 and considers the comparative economic, political and social performance of the USSR and others from the Bolshevik Revolution onwards. The book also provides case studies for all revolutionary Marxist–Leninist regimes, and supplementary discussions of Mondragon cooperatives, Israeli kibbutzim, Nordic corporatism and European democratic socialism. It investigates the theoretical and practical complexities of command-planning, reform communism, market communism, worker economic management and egalitarianism. It examines communism as an engine of economic growth, and a mechanism for improving people’s quality of existence, including living standards, labor self-governance, egalitarianism, social justice, and prevention of crimes against humanity before addressing the perennial question of what needs to be done next. A suggested path forward is elaborated drawing lessons from the warts-and-all historical performance of socialist economies during 1917–2022 and failed socialist prophesy. The evidence indicates that the key to 21st-century socialism success lies in empowering workers of all descriptions to govern democratically for their mutual protection and welfare without the extraneous imposition of priorities imposed by other movements. The book is essential reading for anyone interested in socialism, political economy, comparative economic systems, and political and social history.

Economic Reforms in the European Centrally Planned Economies

Economic Reforms in the European Centrally Planned Economies PDF Author: Wiener Institut für Internationale Wirtschaftsvergleiche
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 280

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One Market, One Money

One Market, One Money PDF Author: Michael Emerson
Publisher:
ISBN: 9780198773245
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.

The Great Transformation

The Great Transformation PDF Author: Karl Polanyi
Publisher: Penguin Classics
ISBN: 9780241685556
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale

The East German Economy, 1945-2010

The East German Economy, 1945-2010 PDF Author: Hartmut Berghoff
Publisher: Cambridge University Press
ISBN: 1107030137
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.