Capitalism, Socialism, and Serfdom Essays by Evsey D. Domar Domar Hardback

Capitalism, Socialism, and SerfdomEssays by Evsey D. Domar\nAuthor(s): Evsey D. Domar\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521370912, 978-0521370912\nSynopsis\nThe collection consists of four parts: Part I presents three non-technical essays on economic development and economic systems. Four out of five essays in Part II deal with the theory and measurement of the so-called Index of Total Factor Productivity for several countries. The fifth essay is on the theory of index numbers. The first essay of Part III compares the American and Soviet patterns of economic development and finds that the path followed by each country might have been optimal for it at the time. The second essay develops a general theory of a producer cooperative. The third essay discusses a method for avoiding monopolistic exploitation, under either system, without price control. Part IV presents three applications of economic t.