This paper was presented at the Belgrade conference for one hundred years anniversary of 'Das Kapital'. Marx himself said very little about the concrete organization of a socialist economy. His general remarks about socialism were 'elaborated' by his followers by inference from Marx's criticism...

This paper presents estimates of the macroeconomic consumption function for a Soviet type economy. Systemic differences, however, require that two relations instead of the usual single behavioral relation be estimated. The first relation, which we call the 'planners' consumption function',...

This is in support of the governement program of transformation from the Soviet-type economy, to the free market economy in Czechoslovakia after the fall of Communism. The basic lines of the government program, that was outlined by Vaclav Klaus, are defended against the leftis criticism that...

This is a paper presented at the East-West economic conference in Plovdiv, Bulgaria, 1964. The paper outlines the main features of price policy in the Soviet-type socialist system of Eastern Europe. All the prices were centrally fixed, with the main aim to achieve planned standard of living for...

This article was published in the Czech Journal “Plánované hospodářství” in 1967. This was the time of rapid changes both in the Czechoslovak economic and political theory as well as in actual economic and political systems that culminated in the “Prague Spring” of 1968. These...