All Posts Tagged With: "socialist calculation debate"
Human Action, 1949: A Dramatic Episode in Intellectual History
A great book, it has been remarked, is like a great castle. It can be viewed from many different angles, each offering a unique perspective. Viewing Ludwig von Mises’s monumental work from the vantage of 2009 permits one to see with great clarity one fascinating aspect of the book–the sheer drama of its emergence at [...]
19Aug2009 | Israel M. Kirzner | 5 comments | ContinuedHuman Action: The 60th Anniversary
We are celebrating the 60th anniversary of a great book, Human Action: A Treatise on Economics, by a learned man and a clear thinker: the Austrian economist Ludwig von Mises. It presents Mises’s understanding–after long years of study and thought–of how the market economy functions. It is a major contribution to human knowledge. Interventionist ideas [...]
19Aug2009 | Bettina Bien Greaves | 2 comments | ContinuedNovel Economics
Economist Bruce Yandle tells of his first encounter with Henry Hazlitt’s Economics in One Lesson: “I thought to myself, ‘What arrogance!’” Bruce said. “Here was I, fresh from surviving four years in a rigorous economics Ph.D. program, and I run across this slim book in which a journalist announces that he’s going to teach economics [...]
1Nov2004 | Donald J. Boudreaux | 0 comments | ContinuedUnderstanding "Austrian" Economics, Part 2
This article appeared in the February 1981 issue. It was originally commissioned by the Silver and Gold Report, Newtown, Connecticut. After the passing of its three founders—Carl Menger, Friedrich von Wieser, and Eugen von Böhm-Bawerk—Austrian economics fell for a long time into eclipse. It was not so much refuted as neglected. English-speaking economists began devoting [...]
1Nov2003 | Henry Hazlitt | 1 comment | ContinuedThe Collected Works of F. A. Hayek: Volume 10, Socialism and War edited by Bruce Caldwell
University of Chicago Press • 1997 • 270 pages • $36.00 In this, the tenth volume in the planned 19-volume set of Hayek’s complete works, we are given an assortment of essays and reviews, most dating from the interwar years when Hayek was in London, dealing with the topics of socialism and war. In choosing [...]
1Feb1998 | George C. Leef | 0 comments | ContinuedConsumer Information and the Calculation Debate
Dr. Pasour is professor of agricultural and resource economics at North Carolina State University, Raleigh. Government intervention has been common throughout the world over the past half century, whatever the type of political and economic system. In socialist countries such as the former Soviet Union and its satellites, government assumed primary responsibility for all economic [...]
1Dec1996 | E.C. Pasour Jr. | 0 comments | Continued-
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