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Author: Oskar Lange
Publisher: Harvard University Press
ISBN:
Category : Political Science
Languages : en
Pages : 170
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Book Description
Author: Oskar Lange
Publisher: Harvard University Press
ISBN:
Category : Political Science
Languages : en
Pages : 170
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Book Description
Author:
Publisher: Ludwig von Mises Institute
ISBN: 1610163214
Category :
Languages : en
Pages : 291
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Book Description
Author: S. Pejovich
Publisher: Springer Science & Business Media
ISBN: 9400935714
Category : Political Science
Languages : en
Pages : 324
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Book Description
It was Lenin's genius to recognize the importance of [socialist] system with all the trappings of embellishing the democracy. If the people want a constitution. give them one. and even include the bill of rights. If they want a parliament, give them that too. And a system of courts. If they want a federal system create that myth as well. Above all, let them have e 1 ecti ons, for the act of voti ng is what the common man most clearly associates with democracy. Give them all these, but make sure that they have no effect on how things are run. - G. Warren Nutter Most research by Western scholars has emphasized macroeconomics (and to a considerable extent still does) as the method of analysis and growth rates as a standard for evaluating the performance of different economies. In the early 1960s Nutter raised questions about the reported growth rates in socialist states, the importance of growth policies for human welfare, and the abil ity of macroeconomi cs to enhance our understandi ng of soci a 1 and economic processes. In his work, Nutter used the standard price theory adjusted to incorporate the incentive effects of property rights in resources. He was casti gated for defyi ng the traditi ona 1 wi sdom. Not surprisingly, history has validated Nutter's theoretical framework and his conclusions.
Author: Oskar Lange
Publisher:
ISBN:
Category : Marxian economics
Languages : en
Pages : 0
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Author: Oskar Lange
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 143
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Book Description
Author: Bruno Jossa
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 442
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Book Description
The Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market socialism. The book begins with a critical review of the contributions to the economic theory of socialism. The second part discusses the economic theory of labour-managed firms and pays particular attention to the adverse labour-supply curve, underinvestment, monitoring and the separation of ownership and control. The final chapters discuss problems such as the control of economic activity in labour-managed firms, worker motivation and incentives. This book will be of particular use to students and academics interested in comparative economic systems and to specialists in politics and sociology with an interest in alternative forms of economic organization.
Author: Maurice Dobb
Publisher: Routledge/Thoemms Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Part I consists chiefly of articles written for academic journals and for specialist readers;part 2 of lectures or essays intended for a wider and less specialised public.
Author:
Publisher: Ludwig von Mises Institute
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
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 would actually work in practice. Mises proved that socialism could not work because it could not distinguish more or less valuable uses of social resources, and predicted the system would end in chaos. The result of his proof was the two-decade-long "socialist calculation" debate. This new edition contains an afterword by Joseph Salerno, who applies the calculation argument to contemporary problems like environmentalism and business regulation. "The significance of Misess 1920 article extends far beyond its devastating demonstration of the impossibility of socialist economy and society. It provides the rationale for the price system, purely free markets, the security of private property against all encroachments, and sound money. Its thesis will continue to be relevant as long as economists and policy-makers want to understand why even minor government economic interventions consistently fail to achieve socially beneficial results. "Economic Calculation in the Socialist Commonwealth" surely ranks among the most important economic articles written this century." -Joseph T. Salerno, from the afterword
Author: Hans-Hermann Hoppe
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 265
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Book Description
Author: Maurice Herbert Dobb
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
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