Communist Planning versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China - Couverture rigide

Couverture rigide

ISBN 10 : 1793631778 ISBN 13 : 9781793631770

Editeur : Lexington Books, 2022

Synopsis

This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of "optimal planning" which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as "computopia," there is a large space left behind for future generations to experiment with Big Optimal Plans anew-based, at this time, on artificial intelligence and machine learning.

A propos du livre

À propos de l'auteur

Valentin Cojanu, Bucharest University of Economic Studies, Romania

Détails de l'édition

• Éditeur: Lexington Books
• Date d'édition: 2022
• Langue: anglais
• ISBN 10: 1793631778
• ISBN 13: 9781793631770
• Reliure: Relié
• Nombre de pages: 424
• Éditeur: Kovács János Mátyás
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Friedensallee 273; Hamburg; 22763; Allemagne