This volume, containing papers by the three Lenin Prizewinners and others, ushers in a whole new ear in Soviet economic policy. The authors, who are economists and mathematicians, treat mathematics as a tool on calculating balances for the economy as a whole, in analyzing the relationships between different branches of the economy, and in working out optimum plans for the use of available resources and production reserves in a socialist economy.

This important landmark in Soviet economic thought, will be profound interest to applied mathematicians, economic planners, statisticians, and Western students concerned with problems of economic planning.