This article was published in the Czech Journal “Plánované hospodářství” in 1967. This was the time of rapid changes both in the Czechoslovak economic and political theory as well as in actual economic and political systems that culminated in the “Prague Spring” of 1968. These...

This article was published in the leading Czech journal of economics named “Politicka Ekonomie” in 1967 that is during the process of Economic Reform intended to change the Soviet-type Command Economy in a sort of Market Socialism. It was curious that while the need to revive the market...

This is one chapter from the book “Eseje o teoriich ekonomickeho rustu” (Essays in the Theory of the Economic Growth”, that was published in Czechoslovakia during 1967. The main purpose of the book was to fill one of the many gaps in the knowledge of the advanced contemporary economic...