ABSTRACT
An economic Plan is, in its essence, a plan for securing a right distribution of the available resources of production. All production is simply a means to consumption; and accordingly the “rightness” of production can only mean that production is rightly adjusted to some standard of consumption. An economic Plan is, in its essence, a plan for securing a right distribution of the available resources of production. The consequence is that the infusion of fresh money alters the entire structure of demand to the advantage of those who live by profits or short-term interest, at the expense of those with fixed or relatively fixed incomes; whereas a contraction in the supply of money produces in the main the opposite effects. In other words, increased investment at any time implies the need for increasing consumption as soon as there has been time for the investment to fructify.
