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Economic planning

Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.

Products, Around the world & In socialism

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Overview

In socialism

In capitalism

Around the world

Criticism

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Map overview Semantic statistics

Economic planning

Nodes143
Edges142
Triples120
Avg. degree1.99
Density0.013986
Components1

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Economic planning

Top relations

related to United States · 20
Economic planning → Cold War, Defense, During World War II, Economic Stabilization Program, Examples, Food Administration, Fuel Administration, Health, In, National Institutes, Noam Chomsky, Railroad Administration, Since, That, The, The United States, United States, United States Department, War Industries Board, World War
related to Criticism · 18
Economic planning → Austrian, Cockshott, Cottrell, Dewey Commission, Friedrich Hayek, Hayek, In, Lange, Leon Trotsky, Ludwig, Mises, Modern, Oskar, Proponents, Soviet, Soviet-typed, The, Trotsky
related to Soviet Union · 16
Economic planning → According, Economic, Gosplan, Gossnab, He, Left Opposition, Leon Trotsky, NEP, Sheila Fitzpatrick, Soviet, Soviet Union's, Soviet-type, Stalin, The, The Soviet Union, Trotsky
related to Around the world · 11
Economic planning → Eastern Bloc, In, India, Permit Raj, Saudi Arabia, Soviet Union, The, United States, While, World War, World War II
see also · 9
Economic planning → Albert Einstein, Calculation, DirigismeEconomic, Knowledge, Product SystemMaterial, Socialist, Society, The Use, Why Socialism
related to Intra-firm and intra-industry planning · 8
Economic planning → According, Bradford DeLong, Furthermore, Large, Many, Planned, The, Western
related to East Asia · 7
Economic planning → East Asian Model, East Asian Tiger, First Malaysia Plan, Five-Year Plans, Malaysia, South Korea, The
related to In socialism · 7
Economic planning → Different, In, Nonetheless, Soviet Union, Soviet-style, The, These
related to Concept of socialist planning · 6
Economic planning → For Marxists, In, Marxist, Marxists, The, This
related to United Kingdom · 4
Economic planning → British, Labour Party, The, The Conservative Party

Important terminology Word statistics

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Important terminology

planning economic economy production socialism socialist market system planned allocation capitalism soviet based state models use form firms mechanism within

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Economic planningis aresource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution0.90text
Economic planningis aplanning process that starts at the user-level in a bottom-up flow of information0.90text
a socialist mode of production exist as theoretical constructs that have not been implemented fully by any economyinstance ofthe various models of socialist economic planning0.80text
partially because they depend on vast changes on a global scaleinstance ofthe various models of socialist economic planning0.80text
Paul Cockshottinstance ofThis is a modelling method proposed by some socialist economists0.80text
who argue that the advent of modern computer technology since the times of Victor Glushkov negates the computational difficulty faced by 20th-century attempts at economic planninginstance ofThis is a modelling method proposed by some socialist economists0.80text
the Gosplan establishing target rates for growthinstance ofwith a state planning agency0.80text
the Gossnab allocating factor inputs to enterprisesinstance ofwith a state planning agency0.80text
economic units throughout the national economyinstance ofwith a state planning agency0.80text
Cottrellinstance ofModern theorists0.80text
Cockshottinstance ofModern theorists0.80text
mentioned aboveinstance ofModern theorists0.80text

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    Min side: 3
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