The Socialist Calculation Debate by Peter Boettke

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The Socialist Calculation Debate by Peter Boettke

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Part of Elements In Austrian Economics series

Summary

The collapse of communism in the Soviet Union and Eastern Europe delegitimized private property and central planning for socialism. However, the aspiration of achieving socialism's ends remains. This Element recounts Ludwig von Mises' century-long debate on economic calculation in the socialist commonwealth.

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The Socialist Calculation Debate by Peter Boettke

For over a generation, the collapse of communism in the Soviet Union and Eastern and Central Europe delegitimized the abolition of private property in the means of production and the practice of central planning as an effective way to achieve the ends of socialism. However, the aspiration of achieving the ends of socialism remains to this day. This Element provides a narrative of a century-long debate that was initiated by Ludwig von Mises in 1920. In so doing, it tells the history of the problem of economic calculation in the socialist commonwealth and its continuing relevance for developments in economics, political economy, and social philosophy.

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SKU Unavailable
ISBN 13 9781009593632
ISBN 10 1009593633
Title The Socialist Calculation Debate
Author Peter Boettke
Series Elements In Austrian Economics
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2024-12-19
Number of pages 94
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.