The Nature of Socialist Economics: Lessons from Eastern European Foreign Trade
Peter Murrell
The Nature of Socialist Economics: Lessons from Eastern European Foreign Trade
Peter Murrell
What are the sources of the well-known differences in the performance of capitalist and socialist economic systems? Peter Murrell argues that the Schumpeterian model has far more power to answer this question than does the neoclassical theory generally used for that purpose. The neoclassical theory focuses on the absence of a price system and the i
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