East and West Berlin: A Study in Free vs. Controlled Economy

A visit to East and West Berlin is, as I now find it, a pilgrimage. I would recommend it to economists who are still wavering on the relative potentialities of freedom and state regulation, to administrators who think that controls are indispensable for accelerated economic growth and to ministers, legislators and politicians who believe that India’s economic salvation is not possible without centrally directed five-year plans.  Read more