Calculation and Knowledge

Ludwig von Mises criticized the ‘old liberals’ for assuming the stance of a ‘perfect king’ whose only objective is to make his citizens happy.

“The Broken Window,” An essay written by Frédéric Bastiat (1801–1850), was the first of a dozen short essays compiled under the heading, What i

As regards the views about probability of Ludwig von Mises, it is undeniably true that these display considerable nuance and that they can be consi

The problem of cost is the cornerstone of economic calculation.  Entrepreneurs act upon the cost implications of their decisions and depend on cost data that represent the actual pattern of resource consumption.

Volume 1 (Fall 1979)

Lawrence H. White
Ludwig M. Lachmann

The article is a much needed and long overdue acknowledgement and appreciation of Rothbard’s contributions to the theory, including the calculation debate, and practice of socialism.

Volume 8, Number 2 (Summer 1987)

Johannes Overbeek discusses the life and works of Nicolaas G. Pierson.

In a recent article Robert P. Murphy (2006) uses Cantor's diagonal argument to prove that market socialism could not function, since it would be impossible for the Central Planning Board 

It is not possible to examine thoroughly the question of the mathematical treatment of economic problems within the frame of a brief essay.

The Progressive Era and the eighteen-nineties immediately preceding it have probably been the foci of more superior scholarship than any other peri