input-output analysis
conceptMoney & Finance
A method for tracking how money moves between industries is now being sold as a plan for running the whole economy.
Who they are
Wassily Leontief, the economist who developed input-output analysis[1].
What they do
The record calls it a way to map how one sector's output becomes another's input, showing how production chains work in monetary terms.
How it works
Leontief's method tracks flows of materials and value through an economy and was adopted as standard national accounting. The record then says that putting the concept into practice becomes Applied Input-Output Analysis, more formally known as the Circular Economy. The same record names early Soviet economists Chayanov, Bogdanov, and Kritsman, and lists the UN and the World Bank among its documents.
Why it matters
It shows how a tool for measuring an economy can be presented as a plan for directing one. The record does not establish that input-output analysis was used for central control.
The engine's record — word for word
The corpus records: "Input-Output analysis, developed by Wassily Leontief, maps how one sector’s output becomes another’s input — basically showing how economic production chains work in monetary terms." It is presented publicly as: "And should you put this concept into practice, and it becomes Applied Input-Output Analysis , more formally known as the Circular Economy ." Documents named in the corpus: A note on the origins of Input-Output Analysis , and the contribution of the early Soviet Economists: Chayanov, Bogdanov , and Kritsman; UN; World Bank. Cross-sourced to archive.org — documents cited by the corpus and retrieved independently of it.
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