Planned economy  

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"Machines for living:" for various critics, including Tom Wolfe, the Pruitt-Igoe housing project illustrated both the essential unlivability of Bauhaus-inspired box architecture, and the hubris of central planning.
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"Machines for living:" for various critics, including Tom Wolfe, the Pruitt-Igoe housing project illustrated both the essential unlivability of Bauhaus-inspired box architecture, and the hubris of central planning.

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A planned economy is an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency.

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