SINCE THE BOLSHEVIK REVOLUTION of 1917, the Soviet Union has transformed itself
through an intense drive for economic modernization, from an undeveloped economy into a …

This paper addresses whether neoclassical economics can provide the intellectual
underpinning for a theory of reform. I examine whether the neoclassical model satisfies an …

The Soviet Union and Eastern Europe provide unique examples of large-scale relatively
highly developed centrally planned economies. In the 1980s economists in both the East …

Twentieth and twenty-first century communism is a failed experiment in social engineering
that needlessly killed approximately 60 million people and perhaps tens of millions more …

International Political Economy and Socialism is a revised and updated version of Professor
Marie Lavigne's best seller, Economie Internationale des Pays Socialistes. It is a most timely …

In the closing paragraphs of The General Theory, Keynes remarks on the powerful influence
of the ideas of economists, both when they are right and when they are wrong. This remark …

I wish to acknowledge the assistance of Dr. Charles F. Elliott and Dr. John P. Hardt. Their
guidance, encouragement and gentle prodding contributed greatly to the completion of this …

FOREIGN TRADE IN THE CENTRALLY PLANNED ECONOMY Page 1 Page 2 Harwood
Fundam entals of Pure and Applied Economics FOREIGN TRADE IN THE CENTRALLY …

DESPITE the conventional wisdom that the Soviet economy is inefficient in every dimension,
there is a rather large amount of statistical and econometric evidence that some aspects of …

Abstract Economies making a transition from centrally planned socialism to market
capitalism can experience chaotic hysteresis. This can arise from elements of the previous …