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The Anti-Capitalistic Mentality is a book written by Austrian School economist and libertarian thinker Ludwig von Mises.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.
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.
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 ...
As a result of the economic works of Ludwig Von Mises, the Mises Institute was founded in 1982 by Lew Rockwell, Burton Blumert, and Murray Rothbard, following a split between the Cato Institute and Rothbard, who had been one of the founders of the Cato Institute.
Mises insisted that socialist calculation is impossible because socialism precludes the exchange of capital goods in terms of a generally accepted medium of exchange, or money. Investment in financial markets determines the capital structure of modern industry with some degree of efficiency.
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 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 ...
Walter Block, a colleague of Hoppe's at the Mises Institute, reviewed the book in The American Journal of Economics and Sociology and gave it a generally favorable review, writing, "This book will take by storm the field of political economy, and no one interested in these topics can afford to be without it." [6]