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The Invisible Hand Of Planning: Capitalism, Social Science, And The State In The 1920s
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The Invisible Hand Of Planning: Capitalism, Social Science, And The State In The 1920s

2.67  ·  Rating details ·  3 Ratings  ·  2 Reviews

Guy Alchon examines the mutually supportive efforts of social scientists, business managers, and government officials to create America's first peacetime system of macroeconomic management.
Originally published in 1985.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist
Hardcover, 263 pages
Published August 21st 1985 by Princeton University Press
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Frank Stein
Feb 16, 2016 rated it it was ok
Distilled down to its essence, this is the story of two reports on the business cycle written by prominent economists in the 1920s: "Business Cycles and Unemployment" (1923) and "Recent Economic Changes" (1929). Both reports were written under the aegis of Herbert Hoover, who was assisted in his task by new, supposedly objective, economic think tanks, especially the National Bureau of Economic Research under Harvard Business School founder Edwin Gay.

Hoover tried to give these reports further "c
Jun 16, 2013 rated it liked it
"This New Era planning reflected both the antistatism of American political culture and the modern search for national managerial capabilities. Committed to voluntarism, it embraced the kind of 'individualism' that concentrated private power at the level of the business firm and refused to challenge managerial prerogatives. But it also fixed responsibility for the economy's overall performance at the level of the firm, and sought to educate individual businessmen to respond to the countercyclica ...more
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