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Marxist computer programmer Paul Cockshott argues that economic calculation is possible within a socialist state as long as computational devices are used. In "Towards a New Socialism's "Information and Economics: A Critique of Hayek" and "Against Mises", he argues that central planning is simplified by the use of computers in calculating the component of price not accounted for by Marxian ...
It is an investigation into the psychological roots of the anti-capitalistic stance that Mises saw as widespread in the general populations of the capitalist world. Mises suggests various reasons for this mentality, primarily his claim that free competition in the market economy allows for no excuses of one's failures.
The historical debate was cast between the Austrian School represented by Ludwig von Mises and Friedrich Hayek, who argued against the feasibility of socialism; and between neoclassical and Marxian economists, most notably Cläre Tisch (as a forerunner), Oskar R. Lange, Abba P. Lerner, Fred M. Taylor, Henry Douglas Dickinson and Maurice Dobb ...
"Review of Ludwig von Mises, Socialism: An Economic and Sociological Analysis". The Journal of Political Economy. 46 (2): 267– 269. doi:10.1086/255208. JSTOR 1827341. Heimann, Eduard (1938). "Review of Ludwig von Mises, Socialism: An Economic and Sociological Analysis". Annals of the American Academy of Political and Social Science. 195: 233 ...
Mises L. E. 1920 Economic Calculation in the Socialist Commonwealth, reprinted in Hayek (1935). Mises L. E. 1922 [1936] Socialism: An Economic and Sociological Analysis. Mises 1933 Planned Economy and Socialism; reprinted in Selected Writings of Ludwig von Mises, The Liberty Fund (2002) Richard M Ebeling ed. Mises L. E. 1944 Bureaucracy.
The Mises Institute, short name for Ludwig von Mises Institute for Austrian Economics (LvMI), is a right-libertarian academic organization based in Auburn, Alabama and engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von ...
The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for Austrian economics, right-wing libertarian thought and the paleolibertarian and anarcho-capitalist movements in the United States.
The Mises Institute was founded in 1982 by Lew Rockwell, Burton Blumert, and Murray Rothbard, [28] following a split between the Cato Institute and Rothbard, who had been one of the founders of the Cato Institute. [29] [non-primary source needed] After Rothbard's death in 1996, Hoppe was a leading anarcho-capitalist figure at the Mises ...