One of the central problems in the planning of capital investments is the evaluation of their economic effectiveness. The methods presently used to determine the effectiveness of capital investments and of new equipment are based on a number of theoretical conceptions that reflect a certain...

In recent years, the study of consumption and demand has undergone extensive development in our nation. Like many other new scientific directions, this study is based on sciences already in existence: political economy, branch economic sciences, in particular, the economics of trade and the...

Research on the concept of value has always occupied a central place in the development of economic theory. There is a vast body of literature devoted to this question, and today, behind the numerous aspects of the problem, one frequently loses sight of those basic positions that gave rise to...

In the last few years the directions of the development and of raising the effectiveness of Soviet economic science have been determined primarily by tasks formulated in the decisions of the Twenty-Fourth Party Congress and of the plenums of the Central Committee of the CPSU, in the...

In the political struggle that broke out in the Chinese People's Republic during the years of the "cultural revolution" and that still has not subsided to this very day, two policies in determining the avenues of China's socioeconomic development have very clearly emerged. The first â expressed...

The development of science and technology is exerting a decisive and continuously growing influence on increasing the effectiveness of social production, thus becoming one of the main sectors in the historic competition between the two world systems. The economic essence of progress in science...

The constant improvement of interbranch proportions, in line with the level and direction of development of scientific and technical progress, plays an important part in the attainment of maximum production effectiveness for any given period. In the USSR, the restoration and consolidation of the...

The elaboration of a national economic plan should meet two basic requirements. First, the plan should guarantee the continuous growth of proportional balanced social production in keeping with the demands of a society that is moving toward communism; and, second, the plan should ensure...

In economic practice, decisions are frequently taken to reduce the time required to produce a given effect even though this entails a certain increase in expenditures. In such cases, the apparent material advantage must be abandoned in favor of the gain in time. On the other hand, it is clear...

The most promising application of the theory and methods of cybernetics in a socialist economy apparently is to the problems of national economic planning and management. It was not by accident that in 1967, as in previous years, economic cybernetics underwent â as did the most progressive...