Comparative Economic Systems An Assessment of Knowledge, Theory and
3 edge, methods and theory. I turn now to some of my own reflections on this score. Some Reflections My first proposition is that if we are interested in analyzing the performance and dynamic properties of the world's economies, it is only at significant
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Recent Economic Thought
Series Editor: Warren J. Samuels Michigan State University Previously published: Feiwel, George R.; Samuelson and Neoclassical Economics Wade, L. L.: Political Economy: Recent Views
This series is devoted to works that present divergent views on the development, prospects, and tensions within some important research areas of international economic thought. Among the fields covered are macro-monetary policy, public finance, labor, and political economy. The emphasis of the series is on providing a critical, constructive view of each of these fields, as well as a forum through which leading scholars of international reputation may voice their perspectives on important related issues. Each volume in the series will be self-contained; together, these volumes will provide dramatic evidence of the variety of economic thought within the scholarly community.
Comparative Economic Systems: An Assessment of Knowledge, Theory and Method
edited by
Andrew Zimbalist Smith College
Kluwer-Nijhoff Publishing A member of the Kluwer Academic Publishers Group Boston The Hague Dordrecht Lancaster
Distributors for North America: Kluwer Academic Publishers 190 Old Derby Street Hingham, MA 02043, U.S.A.
Distributors Outside North America: Kluwer Academic Publishers Group Distribution Centre P. O. Box 322 3300AH Dordrecht, The Netherlands
Ubrary of Congress Cataloging In Publication Data Zimbalist, Andrew S. Comparative economic systems. (Recent economic thought) Bibliography: p. 1. Comparative economics. Title. II. Series. 83-9442 HB90.Z55 1984 330 e-ISBN-13: 978-94-009-5638-4 ISBN-13: 978-94-010-8986-9 001: 10.1007/978-94-009-5638-4
Copyright © 1984 by Kluwer-Nijhoff Publishing Softcover reprint of the hardcover 1st edition 1984 No part of this book may be reproduced in any form by print, photoprint, microfilm, or any other means without written permission of the publisher.
In Memory of my sister Michelle Zimbalist Rosaldo (1944-1981 )
Acknowledgments
The assignment of collecting essays to review such a wide field as comparative economic systems is rather intimidating. I benefitted from the thoughtful suggestions of several colleagues in organizing this volume: Debbie Milenkovitch, Joe Berliner, Bob Averitt, Sinan Koont, Mike Montias, Michael Ellman, David Conn, Heinz Kohler and Alec Nove. The burden of my assignment was eased considerably by generous support from the Jean and Harvey Picker Fellowship and excellent research and clerical assistance from Darcy Naumowicz and Beki Mahieu. Above all, my gratitude and love go to Lydia, Jeffrey and Michael for putting up with their distracted husband and father, particularly during the final stages of manuscript preparation.
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Contents
Acknowledgments
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1 Introduction: Reflections on the State of the Art of Comparative Economics Andrew Zimbalist 2 The Evaluation of Centrally Planned Economic Systems David Conn
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3 Some Observations on Inter-system Comparisons Alec Nove
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Is Market Socialism Efficient? Deborah Duff Milenkovitch
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5 D
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