chapter  I
11 Pages

The Problem Stated

The basic principles of our economic policy are once more in the melting pot. Should we in peacetime continue a policy of economic planning? Or should we restore the working of the price mechanism? We have to resolve this issue both for the solution of the immediate and pressing problems of the transition from war to peace and also for the construction of a more permanent and lasting economic system. This book is one more contribution to the debate on this great issue. It is an attempt to sketch the principles of a middle way which no country has as yet fully attempted, but which, in the opinion of the author, it might be the genius of this country to develop.