The economic calculation problem (ECP) is a criticism of using central economic planning as a substitute for market-based allocation of the factors of...

The socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would...

Economic Calculation in the Socialist Commonwealth is an article by Austrian School economist Ludwig von Mises. Its critique against economic calculation...

criticized on theoretical grounds, such as in the economic calculation problem and the socialist calculation debate, while others hold that certain historical...

value, marginalism in price theory and the formulation of the economic calculation problem. In the 1970s, the Austrian school attracted some renewed interest...

price mechanism in free markets (see economic calculation problem). In 1935, Hayek published Collectivist Economic Planning, a collection of essays from...

intended to be useful. In the classic socialist calculation debate, economic calculation was a problem for centrally planned economies. Necessarily the...

Neurath was the most forceful advocate of physical planning (economic planning using calculation-in-kind) in contrast to market socialist neoclassical economists...

and providing a model of market socialism. He responded to the economic calculation problem proposed by Ludwig von Mises and Friedrich Hayek by claiming...

neither function on the basis of calculation in natural units nor through solving a system of simultaneous equations for economic coordination. Real-world attempts...

action—and the economic calculation problem, which challenged the feasibility of socialism. In 1920, Mises introduced the Economic Calculation Problem as a critique...

mə̌ːi]; transl. "renovation" or "innovation") is the name given to the economic reforms initiated in Vietnam in 1986 with the goal of creating a "socialist-oriented...

accounting based on calculation-in-kind to value resources and goods. Socialist economics has been associated with different schools of economic thought. Marxian...

the problem as the economic calculation problem and local knowledge problem, respectively. These distinct aspects were also present in the economic thought...

enabling each economic decision maker to communicate tacit knowledge or dispersed knowledge to each other, to solve the economic calculation problem. Along with...

Labor-time calculation is a method of economic calculation that uses labor time as the basic unit of accounting and valuation. This method of calculation was...

grounds, such as in the economic calculation problem presented by proponents of the Austrian School as part of the socialist calculation debate, while others...

social-political-economic theory of historical materialism. Although the term socialism has come to mean specifically a combination of political and economic science...

ideologies Austrian business cycle Catallactics Creative destruction Economic calculation problem View of inflation Right-libertarianism Libertarianism in the...

instructions of a foreign power". Calculation in kind Council democracy Cybernetics Decentralized planning (economics) Dirigisme Economic democracy Econometrics...

society Criticism of capitalism Criticism of socialism Economic calculation problem Economic system French Left Left-libertarianism Libertarianism Market...

society Criticism of capitalism Criticism of socialism Economic calculation problem Economic system French Left Left-libertarianism Libertarianism Market...

it as a reason many socialist economic policies face challenges, particularly concerning the economic calculation problem. On the other hand, Paul Cockshott...

society Criticism of capitalism Criticism of socialism Economic calculation problem Economic system French Left Left-libertarianism Libertarianism Market...

was named in his honour. Hess became reluctant to base all history on economic causes and class struggle (as Marx and Engels did), and he came to see...

primarily related to state socialism is the economic calculation problem, followed by the socialist calculation debate. Socialism portal Mustafa Kemal Atatürk...

of corporations Critique of work Culture of capitalism Economic calculation problem Economic democracy Late capitalism Market fundamentalism Market socialism...

the four fundamental economic problems: What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory...

alter-globalization Geolibertarianism – Political and economic ideology integrating libertarianism with Georgism Georgism – Economic philosophy centred on common ownership...

Ludwig von Mises relies heavily on praxeology in the development of its economic theories. Mises considered economics to be a sub-discipline of praxeology...