Section Five: Planned Economies

16. The Command Economy (April 1)

Chapter 15, "The Command Economy"

• Kohler, Heinz, "Soviet Central Planning", in Kennett and Lieberman, Chapter 1, pp. 1-15.
• Litwack, John L., "Legality and Market Reform in Soviet-Type Economies" in Kennett and Lieberman, Chapter 13, pp.110-120.

Notes

17. The Operation of the Soviet Planned Economy (April 3)

Chapter 16, "The Operation of the Soviet Planned Economy"

• Lipton, David and Jeffrey Sachs, "The Consequences of Central Planning in Eastern Europe" in Kennett and Lieberman, Chapter 3, pp. 27-36.
• von Mises, Ludwig, "Economic Calculation in Socialism", in Kennett and Lieberman, Chapter 4, pp. 37-45.
• Kornai, Janos, "The Soft Budget Constraint", in Kennett and Lieberman, Chapter 2, pp. 15-26.
• Lieberman, Marc,"Banking in the Former Soviet Union", in Kennett and Lieberman, Chapter 15, pp.132-143.
• Grossman, Gregory "Sub-Rosa Privatization and Marketization in the USSR", in Kennett and Lieberman, Chapter 23, pp. 220-229.

18. The Participatory Economy: The Case of Yugoslavia (April 8)

Chapter 17, "The Participatory Economy: The Case of Yugoslavia"

• Vanek, Jaroslav "The Participatory Economy," in Bornstein Chapter 17, p. 288-289. (File)
• Sacks, Stephen R., "The Yugoslav Firm," in Bornstein, Chapter 18, pp. 300-321. (File)
• Burkett, John P., "Self-Managed Market Socialism and the Yugoslav Economy, 1950-51," in Bornstein, Chapter 19, pp. 322-352. (File)

Notes

19. The Possibilities of a Third Way (April 10)

Chapter 18, "The Possibilities of a Third Way"

• Keren, Michael "On the (IM)Possibility of Market Socialism", Kennett and Lieberman, pp. 45-52.
• Popkova-Pijasheva, Larissa, "Why is the Plan Incompatible with the Market", Kennett and Lieberman, pp. 53-62.

Notes