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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 ...
In his Introduction, Mises argues that economics emerged as a science when a regularity in the sequence and interdependence of market phenomena was discovered.He notes the challenges faced by economics as a new science, particularly in being accepted as a legitimate branch of knowledge, and discusses various schools of thought that rejected the achievements of economic thought.
Ludwig von Mises acknowledged that, by the time of his writing, many core concepts from the Austrian school of economics had been integrated into mainstream economic thought. [93] He noted that the distinctions between the Austrian school and other economic traditions had blurred, making the label "Austrian" more of a historical reference than ...
Austrian Economics Newsletter is a newsletter that was published quarterly by the Ludwig von Mises Institute until Winter 2003. It was established in the Fall of 1977 and published by the Center for Libertarian Studies , but moved to the Mises Institute in 1984.
The socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods and private ownership of the means of production.
[27] [28] [29] In explaining why he is not an Austrian School economist, anarcho-capitalist economist Bryan Caplan argues that while the economic calculation problem is a problem for socialism, he denies that Mises has shown it to be fatal or that it is this particular problem that led to the collapse of authoritarian socialist states. Caplan ...
North authored or coauthored over fifty books on topics including Reformed Protestant theology, economics, and history. He was an Associated Scholar of the Mises Institute. [2] He is known for his advocacy of biblical or "radically libertarian" economics and also as a theorist of dominionism and theonomy.