The Soviet Price Reform Discussion

Morris Bornstein

The Quarterly Journal of Economics, 1964, vol. 78, issue 1, 15-48

Abstract: I. Background of the discussion, 16. — II. Criticisms of present industrial wholesale prices, 18; relationship of price to "value," 20; relative prices and choice, 21; control and evaluation of enterprise performance, 22; measurement of macroeconomic relationships, 23. — III. Reform proposals, 23; the traditionalist school, 24; the surplus product markup schools, 28; the opportunity cost school, 36. — IV. Conclusion, 45.

Date: 1964
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