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Communist Planning versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China (Revisiting Communism: Collectivist ... Political Thought in Historical Perspective) - Hardcover
Synopsis
This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of “optimal planning” which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as “computopia,” there is a large space left behind for future generations to experiment with Big Optimal Plans anew—based, at this time, on artificial intelligence and machine learning.
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About the Author
János Mátyás Kovács is honorary professor at Eötvös Lorand University, senior member at Research Center for the History of Transformations (RECET) at University of Vienna, permanent fellow emeritus at Institute for Human Sciences, and visiting professor at Central European University.
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Communist Planning versus Rationality
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Communist Planning versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China (Revisiting Communism: Collectivist ... Political Thought in Historical Perspective)
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Communist Planning versus Rationality
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Communist Planning versus Rationality (Hardcover)
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ISBN 10: 1793631778
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Hardcover. Condition: new. Hardcover. This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of optimal planning which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as computopia, there is a large space left behind for future generations to experiment with Big Optimal Plans anewbased, at this time, on artificial intelligence and machine learning. This volume examines failed attempts at modernizing the communist economy by means of optimal planning. It traces the rise and fall of the concept in Eastern Europe and China, explaining why the mission of optimization was doomed to fail and why it may nevertheless be relaunched today. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781793631770
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Communist Planning versus Rationality
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ISBN 10: 1793631778
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Hardback. Condition: New. This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of "optimal planning" which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as "computopia," there is a large space left behind for future generations to experiment with Big Optimal Plans anew-based, at this time, on artificial intelligence and machine learning. Seller Inventory # LU-9781793631770
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Communist Planning versus Rationality (Hardcover)
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ISBN 10: 1793631778
ISBN 13: 9781793631770
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Hardcover. Condition: new. Hardcover. This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of optimal planning which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as computopia, there is a large space left behind for future generations to experiment with Big Optimal Plans anewbased, at this time, on artificial intelligence and machine learning. This volume examines failed attempts at modernizing the communist economy by means of optimal planning. It traces the rise and fall of the concept in Eastern Europe and China, explaining why the mission of optimization was doomed to fail and why it may nevertheless be relaunched today. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9781793631770
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Communist Planning Versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This volume examines failed attempts at modernizing the communist economy by means of optimal planning. It traces the rise and fall of the concept in Eastern Europe and China, explaining why the mission of optimization was doomed to fail and why it may neve. Seller Inventory # 564485609
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Communist Planning Versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China
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Communist Planning versus Rationality | Mathematical Economics and the Central Plan in Eastern Europe and China
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Buch. Condition: Neu. Communist Planning versus Rationality | Mathematical Economics and the Central Plan in Eastern Europe and China | János Matyas Kovács | Buch | Gebunden | Englisch | 2022 | Lexington Books | EAN 9781793631770 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. Seller Inventory # 121204978