8. The Debate on the Socialist Calculation Debate Austrian School of Economics: Revisionist History and Contemporary Theory
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- Poddar
The debate still continues. It is all about Mises’ initial article and then book on Socialism in 1922. He demonstrated the necessity of the price system and showed how subjective values were transformed into objective prices which could be used as meaningful cardinal numbers in economic calculation.
The debate still continues. It is all about Mises’ initial article and then book on Socialism in 1922. He demonstrated the necessity of the price system and showed how subjective values were transformed into objective prices which could be used as meaningful cardinal numbers in economic calculation.
Mer av Mises Institute
Economy, Society, and History
Hans-Hermann Hoppe
Human Action: A Treatise on Economics
Ludwig von Mises
Radio Rothbard
Mises Institute
Introduction to Microeconomics
Murray N. Rothbard
A History of Money and Banking in the United States Before the Twentieth Century
Murray N. Rothbard
The Human Action Podcast
Mises Institute