The issue of planning prompted some of the fiercest debate in
mid-twentieth century economics. Politics of Economic Planning
collects together a number of papers from journals and contributed
books that examine the problems of economic planning in a free
society. They fall into three groups: Part 1 explains the idea of
socialism and defines it in relation to democracy. Part 2 discusses
problems of economic planning both in relation to political economy
on the practice of planning and with the application of the theory
of value to the conditions of a centrally directed economy. Part 3
examines the nature of economics.
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