A new type of socio-economic system

Abstract

By permission of MIT Press reproduced below is the full text of Orcutt G (1957) ‘A new type of socio-economic system’, Review of Economics and Statistics, 39(2), 116–123. The original page numbering is indicated throughout the text in square brackets. In the original all footnotes appeared on the page in which they were alluded to in the text; here all footnotes appear on the final page.