From Marx to Mises

Post Capitalist Society and the Challenge of Ecomic Calculation
Author(s): David Ramsay Steele
Original Publish Date: Dec 15, 2013
Product Number: EB00641538
Released: Mar 11, 2016
Business Term: Purchase
ISBN: #9780812698626
Publisher: Open Court
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In 1920, Ludwig von Mises proclaimed that all attempts to establish socialism would come to grief, for reasons of informational efficiency. At first, socialists and economists took Mises's argument seriously, but by the end of the Second World War, a consensus prevailed that Mises had been discredited. More recently, that consensus has been rapidly reversed: it is now widely agreed that 'Mises was right'. Yet the momentous implications of the Mises argument - for economics, politics, culture, and philosophy - remain largely unexplored. From Marx to Mises is a clear, penetrating exposition of the economic calculation debate, and a scrutiny of some of the broader issues it raises.

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