• The economic calculation problem (sometimes abbreviated ECP) is a criticism of using economic planning as a substitute for market-based allocation of...
    47 KB (5,916 words) - 17:38, 10 March 2024
  • The socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would...
    38 KB (4,715 words) - 08:30, 26 April 2024
  • Thumbnail for Criticism of socialism
    Criticism of socialism (category Macroeconomic problems)
    criticized on theoretical grounds, such as in the economic calculation problem and the socialist calculation debate, while others hold that certain historical...
    38 KB (4,648 words) - 13:02, 11 February 2024
  • Neurath was the most forceful advocate of physical planning (economic planning using calculation-in-kind) in contrast to market socialist neoclassical economists...
    7 KB (900 words) - 15:42, 17 August 2023
  • value, marginalism in price theory and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics...
    75 KB (8,006 words) - 09:32, 26 April 2024
  • Thumbnail for Oskar R. Lange
    and providing a model of market socialism. He responded to the economic calculation problem proposed by Ludwig von Mises and Friedrich Hayek by claiming...
    18 KB (1,894 words) - 13:07, 23 February 2024
  • Thumbnail for Friedrich Hayek
    price mechanism in free markets (see economic calculation problem). In 1935, Hayek published Collectivist Economic Planning, a collection of essays from...
    161 KB (19,513 words) - 23:26, 2 May 2024
  • Economic Calculation in the Socialist Commonwealth is an article by Austrian School economist Ludwig von Mises. Its critique against economic calculation...
    7 KB (881 words) - 13:25, 21 September 2023
  • the problem as the economic calculation problem and local knowledge problem, respectively. These distinct aspects were also present in the economic thought...
    53 KB (5,920 words) - 20:47, 29 March 2024
  • intended to be useful. In the classic socialist calculation debate, economic calculation was a problem for centrally planned economies. Necessarily the...
    37 KB (5,649 words) - 13:32, 8 October 2023