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Rush Versus Harmonic Growth
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Book Synopsis Rush Versus Harmonic Growth by : János Kornai
Download or read book Rush Versus Harmonic Growth written by János Kornai and published by North-Holland. This book was released on 1972 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appraisal of various economic theories and economic policies of economic growth, with particular reference to Hungary - concludes that a suitable development policy for Hungary would emphasize the harmonious development of all elements in the economy rather than a rapid growth rate. Bibliography pp. 147 to 154, diagrams and references.
Book Synopsis By Force of Thought by : János Kornai
Download or read book By Force of Thought written by János Kornai and published by MIT Press. This book was released on 2008-09-26 with total page 970 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intellectual autobiography of an economist influential in both command economies and free market economies that discusses his life, work, and the social and political environment during the Second World War, the 1956 Hungarian Revolution and its aftermath, and the post-socialist transition.
Book Synopsis Facing the Era of Great Transformation by : Wu Jinglian
Download or read book Facing the Era of Great Transformation written by Wu Jinglian and published by Springer Nature. This book was released on 2021-03-31 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects essays from Chinese economic sage who was the mastermind of the reform and opening and persistent champion of market-driven development. In the essays, he outlines his vision of the systemic reform needed for today's China, from rule of law to completion of the market system and reform of state-owned enterprises. Dr. Wu's thoughts are always of interest, but at this pivotal moment of Chinese economic recalibration, his views will be of more value than ever, to scholars, economists, journalists, and those in civil society.
Book Synopsis Models of Disequilibrium and Shortage in Centrally Planned Economies by : C.M. Davis
Download or read book Models of Disequilibrium and Shortage in Centrally Planned Economies written by C.M. Davis and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.
Book Synopsis Systems, Institutions, and Values in East and West by : Miklós Rosta
Download or read book Systems, Institutions, and Values in East and West written by Miklós Rosta and published by Central European University Press. This book was released on 2020-09-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading social scientists, empirical analysts, and policy practitioners demonstrate the various ways in which the insights of János Kornai, a renowned early analyst and critic of the command economies of Eastern European communist states, are stirring academic and policy discussions about current challenges. While dissecting the economic theories and practices in the Soviet Bloc, Kornai devised and applied concepts such as soft-budget constraints, rush versus harmonic growth, surplus versus shortage economy, non-Walrasian equilibrium, bureaucratic coordination, and the invisible power of the communist party. These concepts are commonly applied to a variety of issues in the contexts of fundamental transformation. The cases discussed in this volume include the transitional paths of post-communist economies, the pitfalls of East European market-building, economic repercussions of the dissolution of Yugoslavia, and the process of integration in the Eurozone. In conclusion János Kornai’s thoughts on a variety of research topics as well as the value of democracy are included as he delivered at the conference celebrating his 90th birthday in 2018.
Book Synopsis East European Economies Post-Helsinki by : United States. Congress. Joint Economic Committee
Download or read book East European Economies Post-Helsinki written by United States. Congress. Joint Economic Committee and published by . This book was released on 1977 with total page 1456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Encyclopedic Dictionary of Marxism, Socialism and Communism by : J. Wilczynski
Download or read book An Encyclopedic Dictionary of Marxism, Socialism and Communism written by J. Wilczynski and published by Walter de Gruyter GmbH & Co KG. This book was released on 2019-10-08 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "An Encyclopedic Dictionary of Marxism, Socialism and Communism".
Book Synopsis Overcentralization in Economic Administration by : János Kornai
Download or read book Overcentralization in Economic Administration written by János Kornai and published by Oxford University Press. This book was released on 2023-05-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overcentralization in Economic Administration (Oxford, 1959) was the first book written by an Eastern European and published in the West that openly criticized socialist central planning. In this work the distinguished economist János Kornai begins a lifelong study of the economic organization of centrally planned economies. Professor Kornai's aim in this book was to observe the reality of the working socialist system, and to draw conclusions that were not distorted by the laws of Marxist political economy. He provided a lucid and coherent account of conditions, along with normative recommendations which influenced the Hungarian reform process, culminating in the economic changes of 1968. Professor Kornai identified several systematic failures of the centrally planned economy and gave a prescient account of weak economic performance and eventual disintegration. His argument for radical rather than partial change makes this book essential reading for those interested in the economics of transition in Eastern Europe.
Book Synopsis Communist Planning versus Rationality by : János Matyas Kovács
Download or read book Communist Planning versus Rationality written by János Matyas Kovács and published by Rowman & Littlefield. This book was released on 2022-04-14 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of “optimal planning” which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as “computopia,” there is a large space left behind for future generations to experiment with Big Optimal Plans anew—based, at this time, on artificial intelligence and machine learning.
Book Synopsis Socialist Planning by : Michael Ellman
Download or read book Socialist Planning written by Michael Ellman and published by CUP Archive. This book was released on 1989-03-09 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published as a second edition in 1989, Socialist Planning was the standard introductory text on the economics of socialist planning.
Book Synopsis Revolutionary Wealth by : Alvin Toffler
Download or read book Revolutionary Wealth written by Alvin Toffler and published by Knopf. This book was released on 2006-04-25 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting with the publication of their seminal bestseller, Future Shock, Alvin and Heidi Toffler have given millions of readers new ways to think about personal life in today’s high-speed world with its constantly changing, seemingly random impacts on our businesses, governments, families and daily lives. Now, writing with the same rare grasp and clarity that made their earlier books classics, the Tofflers turn their attention to the revolution in wealth now sweeping the planet. And once again, they provide a penetrating, coherent way to make sense of the seemingly senseless.Revolutionary Wealth is about how tomorrow’s wealth will be created, and who will get it and how. But twenty-first-century wealth, according to the Tofflers, is not just about money, and cannot be understood in terms of industrial-age economics. Thus they write here about everything from education and child rearing to Hollywood and China, from everyday truth and misconceptions to what they call our “third job”—the unnoticed work we do without pay for some of the biggest corporations in our country. They show the hidden connections between extreme sports, chocolate chip cookies, Linux software and the “surplus complexity” in our lives as society wobbles back and forth between depressing decadence and a hopeful post-decadence. In their earlier work, the Tofflers coined the word “prosumer” for people who consume what they themselves produce. In Revolutionary Wealth they expand the concept to reveal how many of our activities—whether parenting or volunteering, blogging, painting our house, improving our diet, organizing a neighborhood council or even “mashing” music—pump “free lunch” from the “hidden” non-money economy into the money economy that economists track. Prosuming, they forecast, is about to explode and compel radical changes in the way we measure, make and manipulate wealth. Blazing with fresh ideas, Revolutionary Wealth provides readers with powerful new tools for thinking about—and preparing for—their future.
Book Synopsis Economic Development by : John Eatwell
Download or read book Economic Development written by John Eatwell and published by W. W. Norton & Company. This book was released on 1989 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: "First published in the New Palgrave: a dictionary of economics ... in four volumes, 1987"--T.p. verso. Includes bibliographical references.
Book Synopsis Export-oriented Development Strategies by : Vittorio Corbo
Download or read book Export-oriented Development Strategies written by Vittorio Corbo and published by Routledge. This book was released on 2019-03-08 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book originated with a conference that we held at Pontificia Universidad Cat61ica de Chile in late 1981. When we organized the conference, our focus was to provide policymakers and entrepreneurs with a summary of the experiences and lessons of countries that have pursued policies geared to export-led growth. After the conference we decided that the papers would be useful to a much wider audience and should be prepared for publication. The revised papers are contained in this volume.
Book Synopsis Efficiency Criteria for Nationalised Industries (Routledge Revivals) by : Alec Nove
Download or read book Efficiency Criteria for Nationalised Industries (Routledge Revivals) written by Alec Nove and published by Routledge. This book was released on 2013-02-01 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1973, Efficiency Criteria for Nationalised Industries asks by what criteria we should judge the efficiency of nationalised industries, what we mean by saying they should be run commercially and where the public interest should lie. In this work, Professor Nove believes we answer these questions incorrectly due to a lack of understanding of economic theory and a desire to relate real world economics to that of the text book. The author says many economists, in a world of indivisibilities, complementarities and systems, persist in thinking in terms of one-dimensional, fragmented marginalism. Professor Nove, who is known for his writings on the Soviet economy, raises many points relevant to the East as well as the West. His work contributes to the economics of socialism, while also making the case for greater realism in economic theory in general.
Book Synopsis Problems of the Planned Economy by : John Eatwell
Download or read book Problems of the Planned Economy written by John Eatwell and published by Springer. This book was released on 1990-07-23 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on problems encountered in a planned economy.
Book Synopsis An Introduction to the History of Economic Thought in Central Europe by : Julius Horvath
Download or read book An Introduction to the History of Economic Thought in Central Europe written by Julius Horvath and published by Springer Nature. This book was released on 2020-12-11 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the comparative history of economic thought in Central European countries where there is a notable common historic heritage and political traits. The author explores issues of Central European identity, Habsburgian and Soviet influence, and nationalistic traditions, and reveals commonalities between Czech, Hungarian, Polish and Slovak economic thought: such similarities proceed to explain aspects of contemporary economic and social policies in these countries. This book aims to highlight connections among Central European economists and will be of interest to economists, economic historians, sociologists and historians.
Book Synopsis Economic Principles by : David Warsh
Download or read book Economic Principles written by David Warsh and published by Simon and Schuster. This book was released on 2010-06-15 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: For nearly ten years, readers of the Sunday Boston Globe and newspapers around America have delighted in David Warsh's column, "Economic Principals." This collection shows why. Taken as a whole, Warsh's writings amount to a vast and colorful group portrait of the personalities who dominate modem economics -- from the luminaries to unknown soldiers to eccentrics who add sparkle to the tapestry. Partly a history of controversies in economics, partly an essay on the evolution of the field, Economic Principals offers a glimpse of one of the most important stories of our time: the metamorphosis of a priestly class of moral philosophers into the mathematical mandarins of today, whose ideas are reshaping society even as they reveal its workings in ever more subtle detail. Warsh first recounts the rise of the economic paradigm, deftly treating the rediscovery of Adam Smith and the centrality of markets. He then turns to the generation of economists for whom the Nobel Prize was created in 1969, the men who forged the modern field in a few years during and after World War II. Some, like Paul Samuelson and Milton Friedman, are well known to the public; others, like Trygvie Haavelmo and George Dantzig, are less quickly recognized. But all have interesting stories which Warsh brings to light. Tracing the high tech revolution to the current generation, he sketches younger scholars such as Jeffrey Sachs, Martin Feldstein, and others less popularly known, who rule the field today. Marking the most powerful applications of modern economics, Warsh explains how the ingenious "rocket scientists" of Wall Street are creating new markets and the business school wizards and leading corporate executives are reinventing the organization. Finally, in exploring the implications of modern economics, Warsh introduces us to scholars operating on the boundaries of the field, from Jane Jacobs to Noam Chomsky, and to the critics, like Donald McCloskey and Robert Reich, who have brought a bit of moral philosophy back into the economist's brave new world. At every step, Warsh maps the field with the journalist's eye for detail. Readers will see why he is considered one of the most consistently stimulating economic journalists in America today.
