National Economic Planning

Archive Report


The periodic recurrence of business depressions in all industrial countries, the long duration and all-inclusive character of the current depression, and the virtual certainty of others to come in future years unless preventive measures are taken in advance, have led to wide discussion among business men and economists of the causes of major slumps in business and of methods that may be developed to keep future economic activity on a more even keel.

While wide divergence characterizes the explanations offered for the 1930–31 depression, there is a growing emphasis in many quarters upon the need for economic, planning on a national scale as a means of avoiding or mitigating future slumps. The successful experience with advance planning of particular plants and industries and the war-time ...

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