Economic Calculation In The Socialist Society
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Economic Calculation in the Socialist Society
Author | : Trygve J. B. Hoff |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 0 |
Release | : 1981 |
Genre | : Business & Economics |
ISBN | : 9780913966938 |
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Dr. Hoff's 1938 book and Professor Vaughn's important introduction establish the theoretical impossibility of socialism: a system empirically in ruins but still advocated by many.
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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 19