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Linear Programming and Economic Analysis (Dover Books on Computer Science)

Robert Dorfman, Paul A. Samuelson, Robert M. Solow · 1 HN comments
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Amazon Summary
Designed primarily for economists and those interested in management economics who are not necessarily accomplished mathematicians, this text offers a clear, concise exposition of the relationship of linear programming to standard economic analysis. The research and writing were supported by The RAND Corporation in the late 1950s. Linear programming has been one of the most important postwar developments in economic theory, but until publication of the present volume, no text offered a comprehensive treatment of the many facets of the relationship of linear programming to traditional economic theory. This book was the first to provide a wide-ranging survey of such important aspects of the topic as the interrelations between the celebrated von Neumann theory of games and linear programming, and the relationship between game theory and the traditional economic theories of duopoly and bilateral monopoly. Modern economists will especially appreciate the treatment of the connection between linear programming and modern welfare economics and the insights that linear programming gives into the determinateness of Walrasian equilibrium. The book also offers an excellent introduction to the important Leontief theory of input-output as well as extensive treatment of the problems of dynamic linear programming. Successfully used for three decades in graduate economics courses, this book stresses practical problems and specifies important concrete applications.
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I'm interested in this. So far, the best resources I found are:

- "Red Plenty" by Francis Spufford, a mix of fiction and non-fiction about planning experience in the USSR. It includes a rich bibliography and references to papers published over the past 70 years around this issue.

- There are few papers by Chinese economists, most notably this one: https://boingboing.net/2017/09/14/platform-socialism.html (you have to mess around with Sci-Hub mirrors to get a free copy).

- There are few papers and books by Michael Ellman, e.g.: https://www.amazon.com/Planning-Problems-USSR-Contribution-M...

- I also have a few primers on linear programming in my to-do list, e.g.: https://www.amazon.com/gp/product/0486654915/

- Somewhat tangential, but "the greatest American capitalist" ripping into EMH is a fun read too: https://www8.gsb.columbia.edu/articles/columbia-business/sup...

None of these really talk about the software still, but I would imagine a combination of:

- existing supply-chain systems already in place at Amazon, Walmart, etc.,

- something along the lines of non-monetary Kickstarter to gauge popularity of ideas from the ground up, and encourage innovation

- strong democratic institutions

- still allow free market at low levels, like individual entrepreneurs that don't employ anybody (once you employ someone, it must be a co-op).

Dunno, these are just random ideas in my head. :)

Iv
Thanks!
rileyphone
Check out "Towards a New Socialism", by the aforementioned Cockshott and Cotrell. Cockshott himself is a computer scientist and proposes planning the economy based on solving a linear system of labour inputs.
baursak
Ah, yes, forgot to mention them. I haven't read the book yet, but read some of their papers, yes those are good too.
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