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> FOREWORD BY THE RIGHT HONOURABLE CLEMENT R. ATLEEINTRODUCTIONI THE MEANING OF SOCIALISM1. The Case for Socialism2. Democracy and Socialism in Great BritainII PROBLEMS OF A PLANNED ECONOMY3. The Importance of Planning4. The Problems of the Socialised Sector5. Professor Hayek on Economic Planning6. Government Administration and Efficiency7. Social Significance of the Theory of Value8. Economic Calculus in a Planned EconomyIII ECONOMICS9. The Nature of Economics10. Methods of Research11. Economists and the Future Functions of the State