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Employs economic data from eight East European countries and Russia to provide readers with a picture of formerly communist economies. This book analyzes the focal points of socialistic economics: planning and market, profit, production and growth, accumulation, consumption, labor, land, pricing, money and banking, and fiscal policy and control.
J. Wilczynski (1922-1984) was Senior Lecturer in Economics at the Royal Military College of Australia, Duntroon, Canberra. His published works include articles in American, Australian, British, Indian, Italian, and Norwegian journals. Some of books include From Lenin to Walesa and Beyond: Trade Unions and Strikes under Socialist Economic Planning in Evolution and Profit, Risk and Incentives under Socialist Economic Planning,