Difference between revisions of "Central planning"

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In his 1932 book ''A Planned Society'', George Soule argues that the [[World War 1]] era [[War Industries Board]] is a model for planning.<ref>[https://books.google.com/books/about/A_Planned_Society.html?id=yGVMAAAAIAAJ A Planned Society]</ref><ref>{{cite book|url=https://books.google.com/books?id=ituDR07GtooC&pg=PA116|last1=Stabile|first1=D. R.|last2=Kozak|first2=A. F. |title=Markets, Planning and the Moral Economy: Business Cycles in the Progressive Era and New Deal|date=2012|publisher=Edward Elgar Publishing|isbn=978-1781006771|pages=116}}</ref>
 
In his 1932 book ''A Planned Society'', George Soule argues that the [[World War 1]] era [[War Industries Board]] is a model for planning.<ref>[https://books.google.com/books/about/A_Planned_Society.html?id=yGVMAAAAIAAJ A Planned Society]</ref><ref>{{cite book|url=https://books.google.com/books?id=ituDR07GtooC&pg=PA116|last1=Stabile|first1=D. R.|last2=Kozak|first2=A. F. |title=Markets, Planning and the Moral Economy: Business Cycles in the Progressive Era and New Deal|date=2012|publisher=Edward Elgar Publishing|isbn=978-1781006771|pages=116}}</ref>
  
==See Also==
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==See also==
 
* [[Obamanomics]]: [[Obamunism]] [[Economic planning]] of the [[Obama administration fiscal policy]], [[Obama administration monetary policy]], [[Obamacare]], [[Federal funding]] via [[Crony capitalism]] ([[Obama donor list]]), [[Deficit spending]], [[Similarities between Communism, Nazism and liberalism]], [[Obamageddon]]
 
* [[Obamanomics]]: [[Obamunism]] [[Economic planning]] of the [[Obama administration fiscal policy]], [[Obama administration monetary policy]], [[Obamacare]], [[Federal funding]] via [[Crony capitalism]] ([[Obama donor list]]), [[Deficit spending]], [[Similarities between Communism, Nazism and liberalism]], [[Obamageddon]]
 
* [[National debt]]: [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
 
* [[National debt]]: [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
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Revision as of 04:01, July 12, 2016

Central planning, in economics, is the idea that big government bureaucrats are better than private individuals at choosing what to produce and how much to sell it for. The prosperous industrialized nations of the democratic West generally believe in the free market principle whereby no transaction is made unless both buyer and seller feel that they benefit.

In his 1932 book A Planned Society, George Soule argues that the World War 1 era War Industries Board is a model for planning.[1][2]

See also

References