Economic Calculation in the Socialist Commonwealth by Ludwig von Mises

Economic Calculation in the Socialist Commonwealth

Ludwig von Mises

74 pages first pub 1920 (editions)

nonfiction economics philosophy politics challenging informative medium-paced
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This is the essay that overthrew the socialist paradigm in economics, and provided the foundation for modern Austrian price theory. When it first appeared in 1920, Mises was alone in challenging the socialists to explain how their pricing system w...

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