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Economic Calculation in the Socialist Commonwealth
Economic Calculation in the Socialist Commonwealth
Author: Ludwig von Mises
This is the essay that overthrew the socialist paradigm in economics, and provided the foundation for modern Austrian price theory. When it first appeared in 1920, Mises was alone in challenging the socialists to explain how their pricing system would actually work in practice. Mises proved that socialism could not work because it could not dist...  more »
ISBN-13: 9781610165501
ISBN-10: 1610165500
Publication Date: 8/22/2012
Pages: 90
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Publisher: Ludwig von Mises Institute
Book Type: Paperback
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