ABSTRACT
Efsei Liberman was a Soviet economist who favored emphasizing profit targets for enterprises to overcome their tendency to conceal their production possibilities in order to obtain an easy plan. There were international developments that motivated Sun Yeh-fang to advance his "economics." In 1956, when the floodgates of modern revisionism were opened by Khrushchev's renegade clique, Sun Yeh-fang visited the "holy land" on several occasions to "pay homage" and received "supreme enlightenment." Sun Yeh-fang's mind the purpose of drafting plans and developing the economy is to make money; building factories and running enterprises are also for making money. Sun Yeh-fang maintained that had all economic activities been governed by profits, enterprises would make progress, technology would improve, and society would advance. He advocated the idea that economic plans should be based on profit. He asserted that "of all the laws, the law of value is primary," that it is necessary to "base plans on the law of value."
