The Socialist Calculation Debate - Austrian Economics with Steve Horwitz
Автор: Libertarianism.org
Загружено: 2020-07-13
Просмотров: 5069
Описание: In Ludwig von Mises’s essay “Economic Calculation in the Socialist Commonwealth,” he argued that socialist planned economies could not work because they lacked a way to rationally allocate resources. Market prices allow unplanned capitalist economies to accomplish rational allocation by providing a common denominator to compare the many different inputs and outputs in an economy.
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