The Problem of Economic Calculation
Marxist writers had begun to deal more closely with the problems of regulation within socialism. But they still cautiously avoided the crucial question.
Marxist writers had begun to deal more closely with the problems of regulation within socialism. But they still cautiously avoided the crucial question.
Mises's main renown is as an economist. Yet to me he is a charitable person even more than an economist.
With Stiglitz's mainstream neoclassical research, truth is only what can be measured and then fit into mathematical models.
In the following I present an a priori justification for the thesis that those means recommended by political economy are indeed efficient means for just ends.
Of course the president, like everyone, frequently protests his desire for peace. Everyone does this. And I think we may assume he is quite sincere about it.
The fact that optimists are so pessimistic about the economy should cause you to take notice and ask if maybe there is something to all this gloom and doom.
Intellectual-property advocate Robert Levine ignores the group that all of this is meant to serve: the consumers.
Freedom of the press is one of the fundamental features of a nation of free citizens.