Saturday, February 28, 2009

Our Rosy Economic Obamaklean Future

"We have a plan, a little 5 year plan"

"The historical background is provided by an analysis of the early experience of the Soviet Union and a critical review of the conceptual debate of the 1930s. Subsequent chapters study central planning in the light of the theory of allocation mechanisms, examining information and incentive issues as well as organisational structure. Finally there is a consideration of the macroeconomics of the centralised economy, beginning with an analysis of central planning and shortage and the problems of internal and external balance; passing on to issues of innovation, investment and growth. In many countries, especially those in Eastern Europe and theSoviet Union, central planning has been the predominant redource allocation mechanism in the postwar period. This book examines the nature and the mode of operation of the centrally planned economy and assesses its strengths and weaknesses."

2 comments:

Tecumseh said...

Can we get to the New Economic Policy? Or are we already past that, heading towards dekulakization? Either way, Pepe is in pink hog heaven.

My Frontier Thesis said...

Not only does it read like the great Marxist plan, but also some employee manuals from corporations. The difference, so far, is that with the latter, one can always pick up and say "adios," and move on down the line. ...So far at least.