Wiles, Peter John De La Foss

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Wiles, Peter John De La Foss

 

Born Nov. 25,1919. British economist.

Wiles graduated from Oxford University, where he taught from 1947 to 1960. In 1965 he became a professor at the University of London. Although Wiles is known as a sovietologist, he nevertheless misinterprets the essence of socialist planning, contending that a socialist state pursues subjective and arbitrary economic policies that fail to take into account objective realities. Wiles has helped formulate the theory of the “electronic market, ” which holds that the market, as a form of commodity exchange, is not really necessary, since its function could be performed just as well by a computer.

WORKS

The Political Economy of Communism. Oxford, 1963.
Price, Cost, and Output. New York, 1963.
Communist International Economics. New York, 1969.

REFERENCE

Khavina, S. A. Kritika burzhuaznykh vzgliadov na zakonomernosti sotsialisticheskogo khoziaistvovaniia. Moscow, 1968.
The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.