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...

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

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

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

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

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

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

enabling each economic decision maker to exchange tacit knowledge or dispersed knowledge with each other to solve the economic calculation problem. There is...

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

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

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

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

mə̌ːi]; transl. "renovation" or "innovation") is the name given to the economic reforms process of Vietnam since late 1986 with the goal of creating a...

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

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

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...

might be described as outcome economic egalitarianism is the Chinese philosophy of agriculturalism which held that the economic policies of a country need...

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

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...

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

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

Third-generation Austrian Ludwig von Mises rekindled the debate about the economic calculation problem by arguing that without price signals in capital goods, in his...

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

Xiaoping in the late 1970s during the same time period as the Chinese economic reform, who tried to encourage the CCP Politburo Standing Committee to...