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Working Paper 9
Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130
Government planning is a centralized process in which economic decisions are made in the form of governmental edicts; business planning is a decentralized process where the individual consumer makes choices. The author states that adopting a form of centralized planning could result in society moving away from market freedoms and toward greater governmental controls over individual behavior.
Government Planning, Long-Range Business Planning
Economics | Public Policy
Weidenbaum, Murray L., "The Contrast Between Government Planning and Business Planning: Market Orientation Versus Centralized Control", Working Paper 9, 1976, doi:10.7936/K77W69DR.
Murray Weidenbaum Publications, http://openscholarship.wustl.edu/mlw_papers/181.