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

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

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

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...

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

value, marginalism in price theory and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics...

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

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

Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative...

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

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

humanity at one blow." In 1920, Mises introduced in an article his Economic Calculation Problem as a critique of socialisms which are based on planned economies...

Economic base analysis – Economic calculation problem – Economic development – Economic equilibrium – Economic geography – Economic graph – Economic growth...

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...

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

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

Austrian School economists' responses, fueled discussion of the economic calculation problem and market socialism in the 1930s. His method also anticipated...

can eventually lead to fundamental changes in a society's political and economic systems. Reformism as a political tendency and hypothesis of social change...

social-political-economic theory. Although the term socialism has come to mean specifically a combination of political and economic science, it is also...

Post-Capitalist Society and the Challenge of Economic Calculation (1992, an exposition of the economic calculation problem). Since 1985, he has been Editorial...

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

The subjective theory of value (STV) is an economic theory for explaining how the value of goods and services are not only set but also how they can fluctuate...

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

From Marx to Mises: Post-Capitalist Society and the Challenge of Economic Calculation. Open Court Publishing Company. ISBN 9780875484495. Steger, Manfred...

service) industries support basic industries. economic calculation problem (ECP) A criticism of using economic planning as a substitute for market-based allocation...

tendency of the philosophes in particular to apply rationality to every problem is considered the essential change. Although much of Enlightenment political...

the "common people". Recurring themes for left-wing populists include economic democracy, social justice, and scepticism of globalization. Socialist theory...

argument that the economic calculation problem is a barrier to such a society. They claim this can be achieved through calculation in kind (i.e. technical...

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