Problems of economic planning : papers on planning and economics / E.F.M. Durbin.

"First published in 1949"--T.p. verso.

Includes bibliographical references and index.

FOREWORD BY THE RIGHT HONOURABLE CLEMENT R. ATLEE INTRODUCTIONI -- THE MEANING OF SOCIALISM -- 1. The Case for Socialism -- 2. Democracy and Socialism in Great Britain -- II PROBLEMS OF A PLANNED ECONOMY -- 3. The Importance of Planning -- 4. The Problems of the Socialised Sector -- 5. Professor Hayek on Economic Planning -- 6. Government Administration and Efficiency -- 7. Social Significance of the Theory of Value -- 8. Economic Calculus in a Planned Economy III ECONOMICS -- 9. The Nature of Economics -- 10. Methods of Research -- 11. Economists and the Future Functions of the State.

The issue of planning prompted some of the fiercest debate in mid-twentieth century economics. Politics of Economic Planning 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: Part 1 explains the idea of socialism and defines it in relation to democracy. 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. Part 3 examines the nature of economics.

Reprint. Originally published: London : Routledge and Kegan Paul, 1949.