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This volume examines failed attempts at modernizing the communist economy by means of optimal planning. It traces the rise and fall of the concept in Eastern Europe and China, explaining why the mission of optimization was doomed to fail and why it may nevertheless be relaunched today.

Produktbeschreibung
This volume examines failed attempts at modernizing the communist economy by means of optimal planning. It traces the rise and fall of the concept in Eastern Europe and China, explaining why the mission of optimization was doomed to fail and why it may nevertheless be relaunched today.
Autorenporträt
János Mátyás Kovács is honorary professor at Eötvös Lorand University, senior member at Research Center for the History of Transformations (RECET) at University of Vienna, permanent fellow emeritus at Institute for Human Sciences, and visiting professor at Central European University.