Preface to the English edition; Introduction: the modern national economy; Part I. Rationality at the Microeconomic Level: 1. Techniques of production; 2. The choice of techniques; 3. The distribution of profits; 4. Changes in plan; 5. The behaviour of the household; Part II. The Market Mechanism and Planning: 6. The flexprice economy; 7. the fixprice economy; 8. Decentralised economic planning; Part III. Control by the State: 9. Finance and full employment; Unemployment and the dual structure of the economy; Notes; Index.
Professor Morishima explores different types of societies and economies with a focus on the Japanese economy.
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