Liberman was born in
Slavuta,
Russian Empire, in a wealthy Jewish family. He was a graduate of
Kiev University, Faculty of Law in 1920 and
Kharkiv Institute of Engineering and Economics, Machine-Building Faculty in 1933. During 1920s he worked as a researcher at the
Kharkiv Institute of Labor. He taught at the
Kharkiv Institute of National Economy in 1920s,
Kharkiv Engineering and Economic Institute in 1930s-1950-s, the
Kharkiv V.I. Lenin Polytechnic Institute, and the
University of Kharkiv. He proposed new methods of economic planning based on the principles of new
democratic centralism. His dissertation took form in ''Plan, pribyl', premiya
(Plan, profit, bonus) article published in Pravda'' (1962). This became a basis for the
Soviet reforms of 1965. His most notable works were "Structure of the balance of an industrial company" (1948), "Means to raise the profitability of the socialist companies" (1956), "Analysis of the use of resources" (1963), "Plan and benefits for the Soviet economy" (1965) and "Planning of the socialism" (1967). Reforms inspired by Liberman unsuccessfully attempted to revitalize the Soviet economy during the 1960s. Liberman's reform proposals were also implemented in
East Germany. Liberman's wife,
Regina Horowitz, pianist and pedagogue, was a sister of the famed pianist
Vladimir Horowitz. His great-granddaughter,
Génia, is also a virtuoso concert pianist. In 1981, he died in
Kharkiv. ==Bibliography==