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What is Economic Planning?
Lessons of Past Experience
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able achieved adequate areas Austria automation average growth rate balance basic become branches capital cent Common Market consumer coordination cost demand democratic Dr Erhard durables Eastern bloc economic development economic growth economic matters economic planning economic policy economic problems economists effective electoral ensure essential European expenditure fact financed flexible planning forecasting France free economy French planning full employment Germany Government hire purchase implementation increase industrial production industrialized countries instance institutions interdependent factors interests Italy labour leaders majority maladjustments manufacture mass-produced means of production mechanism ment methods modern monopolistic competition national income necessary object overall Parliament particularly planned economy planning organization political authorities population possible pressure groups private firms productive investments realize reasons reduce requirements result Second World selective loan policy social Soviet Soviet Union statistics technical progress Third Reich tion trade unions unemployment United wages West West Germany Western countries Western economy