Trond's comment implies that there exists "an optimal" rate of planning, 
just like an optimal tax rate or optimal tariff rate. These are mythical 
concepts, devoid of any applicability to real life situations. What 
really determines how much central planning/market guidance depend on the 
concrete conditions: population size, historical, social, and 
institutional structure of the country. There can be no generic recipie 
for all countries to follow. 
                                        Sevgiler!
                                        Fikret Ceyhun

Dept. Of Economics
Univ. Of North Dakota
University Station, Box 8369
Grand Forks, ND 58202

Voice: (701)777-3348
E-mail: [EMAIL PROTECTED]
 




On Thu, 27 Oct 1994, Trond Andresen wrote:

> The question of how much central planning (as opposed to market
> mechanisms) you can have before the system gets inefficient, cannot be
> discussed without considering how to organize democracy, politics, the
> media.
> 
> A program for this is IMO just as important as an "economic" socialist
> program.
> 
> 
> Trond
> 
> -----------------------------------------------
> | Trond Andresen ([EMAIL PROTECTED]) |
> | Department of Engineering Cybernetics       |
> | The Norwegian Institute of Technology             |
> | N-7034 Trondheim, NORWAY                  |
> |                                           |
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