Economic Planning Quotes

“The idea of national economic planning has been deeply discredited. The collapse of the state-socialist system in Eastern Europe and the USSR gave rise to a mood of capitalist triumphalism, which lasted only ten years, and was undermined by the difficulties of ‘transition’, the behaviour of the world capital market, the inequality and unemployment in the capitalist countries, and the depressions in some of them.”
― Michael Ellman, Socialist Planning