Difference between revisions of "Central planning"
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'''Central planning''', in [[economics]], is the idea that [[big government]] [[bureaucrat]]s are better than private individuals at choosing what to produce and how much to sell it for. The prosperous [[First World|industrialized nations]] of the [[democratic]] [[The West|West]] generally believe in the [[free market]] principle whereby no transaction is made unless both [[buyer]] and [[seller]] feel that they benefit. | '''Central planning''', in [[economics]], is the idea that [[big government]] [[bureaucrat]]s are better than private individuals at choosing what to produce and how much to sell it for. The prosperous [[First World|industrialized nations]] of the [[democratic]] [[The West|West]] generally believe in the [[free market]] principle whereby no transaction is made unless both [[buyer]] and [[seller]] feel that they benefit. | ||
| − | ==See | + | In his 1932 book ''A Planned Society'', [[George Henry Soule Jr.]] 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== | ||
* [[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]] | ||
| − | * [[John Maynard Keynes]]' [[liberal]] [[Keynesian economics]] of [[Barack Obama]] | + | * [[John Maynard Keynes]]' [[liberal]] [[Keynesian economics]] of [[Barack Obama]] |
| + | *[[Economic planning]] | ||
| + | * [[Stuart Chase]] | ||
| + | * [[Nudge (book)]] | ||
| + | * [[Regional Planning Association of America]] | ||
| + | |||
| + | ==References== | ||
| + | {{reflist|1}} | ||
| + | |||
| + | ==External links== | ||
| + | * [https://books.google.com/books?id=wyrnCwAAQBAJ&pg=PA1 Toward a Planned Society: From Roosevelt to Nixon], by Otis L. Graham (Book partially searchable) | ||
| − | + | {{Economic preparedness topics}} | |
| − | {{ | ||
| − | [[Category : Economic Preparedness]] | + | [[Category:Economic Preparedness]] |
| − | [[Category : Economics]] | + | [[Category:Economics]] |
| − | [[Category : Threats]] | + | [[Category:Threats]] |
Latest revision as of 14:04, September 16, 2019
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 Henry Soule Jr. argues that the World War 1 era War Industries Board is a model for planning.[1][2]
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
- National debt: Federal Reserve System's Ponzi scheme of Quantitative easing-Debt monetization devaluation of Fiat currency through Money supply-Treasury bills bought mostly by China and Japan
- John Maynard Keynes' liberal Keynesian economics of Barack Obama
- Economic planning
- Stuart Chase
- Nudge (book)
- Regional Planning Association of America
References
- ↑ A Planned Society
- ↑ (2012) Markets, Planning and the Moral Economy: Business Cycles in the Progressive Era and New Deal. Edward Elgar Publishing, 116. ISBN 978-1781006771.
External links
- Toward a Planned Society: From Roosevelt to Nixon, by Otis L. Graham (Book partially searchable)
