Politics of Economic Planning

<p>The issue of planning prompted some of the fiercest debate in mid-twentieth century economics. <em>Politics of Economic Planning</em> 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:<br><br>Part 1 explains the idea of socialism and defines it in relation to democracy.<br>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.<br>Part 3 examines the nature of economics.</p>