Saturday, August 21, 2010

Economic Calculation In The Socialist Commonwealth

Ludwig von Mises's seminal essay, originally published in 1920*, appears here in the 1990 edition  published by the Ludwig von Mises Institute. "Economic Calculation in the Socialist Commonwealth" advances a devastating critique against economic calculation in a socialist economy, inspiring a decades-long debate. For more information, sources, and materials concerning the calculation debate, visit The Calculation Debate in the Austrian Study Guide.

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