Capitalism, market socialism, and central planning ; readings in comparative economic systems.

Author: Leeman, Wayne A., 1924- ed.

Imprint:Boston : Houghton Mifflin, [1963].

Description372 p. ; 24 cm.

Note:1. INTRODUCTION -- 2. ALLOCATION OF RESOURCES: CAPITALISM: 1. Individual action in the environment of capitalism / Lionel Robbins -- 2. An abstract model of capitalism / Bela A. Balassa -- 3. ALLOCATION OF RESOURCES: MARKET SOCIALISM: 3. Trial and error in a socialist economy / Oskar Lange -- 4. A dual preference system / an Drewnowski -- 4. ALLOCATION OF RESOURCES: CENTRAL PLANNING: 5. The centralized planning of supply in Soviet industry / Herbert S. Levine -- 6. The problem of 'success indicators' in Soviet industry / A. Nove -- 7. The decline and rise of Soviet economic science / Wassily Leontief -- 8. Mathematics in Soviet planning, and the theory of value / Robert W. Campbell -- 5. PLANNING AND THE PRICE MECHANISM: 9. Prices and freedom of choice / J.E. Meade -- 10. Prices as coefficients of choice / Joseph A. Schumpeter -- 11. The price system of a time of large-scale maladjustment / H.D. Henderson -- 6. INVESTMENT AND THE INTEREST RATE: 12. Investment decisions under capitalism / Ralph K. Davidson, Vernon L. Smith, Jay W. Wiley -- 13. Scarce capital and Soviet doctrine / Gregory Grossman -- 7. DISTRIBUTION OF INCOME: CAPITALISM: 14. Marginal productivity theory of wages / J.R. Hicks -- 15. The nature and necessity of interest / G. Cassel -- 16. Profit / Frank H. Knight -- 8. DISTRIBUTION OF INCOME: MARKET SOCIALISM AND CENTRAL PLANNING: 17. To each according to his needs / Karl Marx -- 18. Labor direction / Sidney E. Rolfe -- 19. A national wages-policy / Maurice Dobb -- 20. Trade unions and central planning / Sidney E. Rolfe -- 21. Distribution of the social dividend / Oskar Lange -- 9. AGRICULTURAL SYSTEMS: 22. Free market vs. controlled prices in U.S. agriculture / Barbara B. Reagan, Sidney C. Reagan -- 23. Marx was a city boy / W.W. Rostow -- 10. MONEY AND FINANCIAL PLANNING IN A SOCIALIST ECONOMY: 24. The place of money in a planned economy / G.D.H. Cole -- 25. Financial equilibrium in the Soviet Union / Robert W. Campell -- 11. PLANNING AND INTERNATIONAL TRADE: 26. The influence of national economic planning on commercial policy / Jacob Viner -- 12. ALTERNATIVE SYSTEMS AND ECONOMIC DEVELOPMENT: 27. Growth vs. choice / Peter Wiles -- 28. The role of the state in economic growth / Alexander Eckstein -- 29. Large-scale planned industrialization / P.N. Rosenstein-Roden -- 13. ORGANIZATION AND MANAGEMENT: 30. The nature of the firm / R.H. Coase -- 31. The informal organization of the Soviet firm / Joseph S. Berliner -- 14. PLANING IN A MIXED ECONOMY: 32. The guiding ideas behind French planning / Pierre Massé.

Bibliography Note:Includes bibliography.

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