The Role of Prices in a Socialist Economy

O. Kyn
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O. Kyn: Charles University

Chapter Chapter 17 in Economic Development for Eastern Europe, 1968, pp 196-208 from Palgrave Macmillan

Abstract: Abstract Until recently pricing was considered a secondary problem in a socialist economy. This was the result both of practices which had become established in the past, and of a set of generally-accepted theoretical postulates. Very little attention was paid to the theory of prices, the deficiency of which profoundly marked recent economic practice.

Keywords: Socialist Economy; Market Mechanism; Price Policy; Central Management; Price System (search for similar items in EconPapers)
Date: 1968
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08470-8_17

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DOI: 10.1007/978-1-349-08470-8_17

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