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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.
Oskar Lange responded to Mises' assertion that socialism and social ownership of the means of production implied that rational calculation was impossible by outlining a model of socialism based on neoclassical economics. Lange conceded that calculations would have to be done in value terms rather than using purely natural or engineering ...
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.
Mises and Hayek argued that economic calculation is only possible by information provided through market prices and that centralist methods of allocation lack methods to rationally allocate resources. Mises's analysis centered on price theory while Hayek went with a more feathered analysis of information and entrepreneurship.
The Mises Institute offers thousands of free books written by Ludwig Von Mises, Murray Rothbard, Hans-Hermann Hoppe, and other prominent economists in e-book and audiobook format. [40] The Mises Institute also offers a series of summer seminars.
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 ...
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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 ...