The Principles of Economic PlanningDiscussing the problems arising from a mixed economy, Principles of Economic Planning argues for a system of controls that combine and encourage the best features of laissez faire and state planning. Chapters covering the following are included: * Money * Investment * Foreign Trade * Mobility * The Social Control of Business * Nationalization Appendices on economic union and planning in developing countries are also included. |
Contents
WHY PLAN? | 7 |
FAIR SHARES FOR ALL | 30 |
ΙΙΙ ΜΟΝEY | 41 |
INVESTMENT | 52 |
ON ECONOMIC UNION | 115 |
ON PLANNING IN BACKWARD COUNTRIES | 121 |
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Common terms and phrases
abnormal profits achieve adjust adverse balance agricultural allocated backward countries balance of payments Britain British budget capital capital levy capitalists cent circulation of money classes commodities competition consumers consumption cost currency deflation demand depends depreciation desirable disinflation distribution of income domestic price level earnings economic union effect efficiency eliminate equality essential industries example export surplus Fabian Society fall favour firms fluctuations foreign exchange rate foreign trade full employment immobility increase inflation investment labour laisser-faire less level of wages levied machinery market economy measures ment mobility monetary monopoly national income nationalisation necessary planners planning by direction possible price control problem production profits quantity of money raising rapidly rate of exchange rate of interest raw materials redistribution reduce retailers rise sales promotion shortage slump social socialists stabilise standardisation sterling group subsidies supply targets taxation taxes tion trade unions workers