Klappentext: This book discusses the case for socialism and the models of socialist planning. Through examining different countries, each chapter examines the successes and failures of contrasting socialist policies. The theories and techniques of socialist planning are discussed in relation to...

1. Kautilya’s Arthashashtra and a mixed economy within Monarchy -- 2. Socialism in the Soviet Union -- 3. Socialism within a Democracy, Fabian Socialism in Yugoslavia, Scandinavia, India -- 4. Socialist theory of Feldman and Mahalanobis -- 5. Socialist Calculation -- 6. Contemporary capitalism...

Economic Systems, Institutions and Scarcity -- Scarcity, Institutions and Economic Behavior -- The Rise of Capitalism -- The Rise of Socialism -- The Private-Property Free-Market Economy -- Basic Institutions of Capitalism -- Exchange in a Private Property Capitalist Economy -- Production in a...

The paper explores the interaction between debt crises and devaluation. Since the optimal level of devaluation in a crisis depends on the level of debt that has to be serviced, a default makes a devaluation less likely. Expected devaluation depends thus on expectations about default which is...