Calculation, complexity and planning: the socialist calculation debate once again
نویسندگان
چکیده
منابع مشابه
Calculation, Complexity And Planning: The Socialist Calculation Debate Once Again
This paper offers a reassessment of the socialist calculation debate, and examines the extent to which the conclusions of that debate must be modified in the light of the subsequent development of the theory and technology of computation. Following an introduction to the two main perspectives on the debate which have been offered to date, we examine the classic case mounted by von Mises against...
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This paper asserts that economists of the mid twentieth century developed two methods of analyzing institutions. Austrian and Coasean economists developed complementary approaches to institutional analysis. Coase developed a research program of Comparative Institutional Analysis, whereby economists compare alternative institutions according to their most similar features. Ludwig von Mises and F...
متن کاملCalculation, Complexity And Planning
This paper offers a reassessment of the socialist calculation debate, and examines the extent to which the conclusions of that debate must be modified in the light of the subsequent development of the theory and technology of computation. Following an introduction to the two main perspectives on the debate which have been offered to date, we examine the classic case mounted by von Mises against...
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would like to thank Mark Watson for correcting a mistake in his summary of Cantor’s argument. 1A note on citations: Mises’s article appeared in German in 1920. An English translation, “Economic Calculation in the Socialist Commonwealth,” appeared in Hayek’s (1990) collection Collectivist Economic Planning in 1935. 2The current paper assumes a basic familiarity with the socialist calculation deb...
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At the close of the nineteenth and the commencement of the twentieth century, socialism began to gain momentum as a large-scale movement in Europe and the United States. This popularity was supported by an increased influence of the working class in society, which put pressure for representation upon European parliaments and began to secure concrete improvements in labor protection laws. Moreov...
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ژورنال
عنوان ژورنال: Review of Political Economy
سال: 1993
ISSN: 0953-8259,1465-3982
DOI: 10.1080/09538259300000005