Socialist Calculation I:

The Nature and History of the Problem

Authors

  • Friedrich August von Hayek

DOI:

https://doi.org/10.30800/mises.2015.v3.773

Keywords:

Economic theory, History of economic thought, The socialist calculation problem, Price system, Free competition

Abstract

In this article, the author adresses, under a historical and analytical perspective, the main constitutive elements and the evolution of the discussions regarding the problem of the economic calculation in a socialist community. After a careful conceptual clarification, the author proceeds to present the main Austrian argument that rational economic calculation is possible only in a situation in which the price system, for all economics goods and factors of production, works in an environment of free competition.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Downloads

Published

2015-12-01

How to Cite

1.
Hayek FA von. Socialist Calculation I:: The Nature and History of the Problem. MisesJournal [Internet]. 2015 Dec. 1 [cited 2024 Dec. 22];3(2):367-85. Available from: https://misesjournal.org.br/misesjournal/article/view/773

Issue

Vol. 3 No. 2 (2015)

Section

Economics, Methodology and Praxiology

License

 

Creative Commons License
  This Journal is licensed under a Creative Commons Attribution 4.0 International License.