Towards a Theory of Economic Planning

• Book: Branko Horvat. Towards a Theory of Economic Planning.

Discussion

by Gavin Mendel-Gleason [1] :

"Branko Horvat’s book has an impressive sounding title for anyone interested in planning (Yes, I can hear you yawning). The beginning of the book is a rather comprehensive survey of the sorts of important questions that someone looking at a market economy from a dirigisme type state perspective might need to know. It goes into very realistic sorts of problems of diminishing versus increasing returns to scale, rents and questions of firm composition. For this reason the book is well worth reading, especially if you find yourself the tinpot dictator of some backwater country badly in need of modernising. It is not however much of a theory of economic planning if we’re talking about moving to a truly post-capitalist society."