The "Planning Approach" in Public Economy

Alfred C. Neal

The Quarterly Journal of Economics, 1940, vol. 54, issue 2, 246-254

Abstract: I. Introduction. Scope of the discussion, 246.— II. The meaning of "collective demand/" 247.— III. Rational consumers' choice requires knowledge of terms on which alternatives are offered, 248.— Compulsory payment introduces an arbitrary element, 249.— Minimum requirement for maximizing consumers' satisfactions and minimizing their sacrifices, 249.— Voting on projects and revenue plans, 249.— Difficulty of defining "purpose," 250.— The problem of "ceteris paribus" 251.— Special difficulties in mixed systems, 251.— IV. Democracy no solution, 252.— Reversing a line of expenditure, 252.— Possibility of government's performing any function not denied, 253.

Date: 1940
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.2307/1883332 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:54:y:1940:i:2:p:246-254.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().