ENGLISH

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

By David Ramsay Steele

Book information

Publisher
Open Court
Year
1999
ISBN
0812690168, 9780812690163
Language
english
Format
EPUB
Filesize
815 kB (834739 bytes)
Pages
440\0
Time added
2014-06-26 17:58:44

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 of the economic calculation debate, and a scrutiny of some of the broader issues it raises.

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