Socialist economics refers to the economic theories, practices, and norms of
hypothetical and ..... A
Aug 20, 2014
“Socialism refers to the government ownership of the means of production, planning by the government and income distribution”-Samuelson.
hypothesis of a "
if a full-fledged stockmarket is indeed introduced in a
THE ROLE OF PLANNING IN
Mises (1981) was the first economist to isolate the fatal flaw in socialism at the
Postscript: Why a
Article Information. Abstract. The political reconstruction of Bulgaria has gone on more slowly than in Central Europe, but the role of the former communists is ...
a non-market economy in which government intervention is important in allocating goods and resources and determining prices ...
Nov 20, 2015