Ludwig von Mises, Economic Calculation in the Socialist Commonwealth
Book details
- Title
- Ludwig von Mises, Economic Calculation in the Socialist Commonwealth
- Publication year listed
- 1920
- Format
- Public domain eBook
- Reading access
- Free online reader; no registration required
- Source record
- View on Archive.org
About this book
Ludwig von Mises, Economic Calculation in the Socialist Commonwealth
Author: Ludwig von Mises
Year: 1920
"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 distinguish more or less valuable uses of social resources, and predicted the system would end in chaos. The result of his proof was the two-decade-long 'socialist calculation' debate." From http://mises.org/document/448/Economic-Calculation-in-the-Socialist-Commonwealth (also source of work)
This page provides public domain reading access and source information.
The embedded reader is supplied by
Archive.org
.