From Marx to Mises: Post Capitalist Society and the Challenge of Ecomic Calculation

Description

In 1920, Ludwig von Mises proclaimed that all attempts to establish socialism would come to grief, for reasons of informational efficiency. At first, socialists and economists took Mises's argument seriously, but by the end of the Second World War, a consensus prevailed that Mises had been discredited. More recently, that consensus has been rapidly reversed: it is now widely agreed that 'Mises was right'. Yet the momentous implications of the Mises argument - for economics, politics, culture, and philosophy - remain largely unexplored. From Marx to Mises is a clear, penetrating exposition.;Cover; Title Page; Copyright; Dedication; Brief Table of Contents; Detailed Table of Contents; Preface; 1. A Quick Look at the Mises Argument; i. A Debate About the Feasibility of Socialism; ii. What the Mises Argument Claims to Show; iii. A Simplified Illustration; iv. A More Realistic Elaboration; v. Production Choices are Everywhere; vi. How to Refute Mises; 2. The Abolition of the Market; i. Commodity Production and Production for Use; ii. Marx and Labor-Vouchers; a. The Function of Labor-Vouchers in Marxian Communism; b. Are Marx's Labor-Vouchers Money?