The need to resolve the problem of further increasing the effectiveness of management and of improving the management of the socialist economy has predetermined the recent upsurge in interest in the problem of criteria of the effectiveness (optimality) of the economy's functioning. No small role...

In recent years, economists in socialist countries have been giving serious attention to the problem of making more complete use of the economic advantages of socialism and of increasing the effectiveness of socialist production. Naturally, in the process, certain outmoded theoretical principles...