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Does the economic calculation problem apply to so-called "market socialism"?
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I had always hoped that the dumb yokels of the south would be on the side of Anarchism if the shit hit the fan (see: I hate da guvernmints), but there is a horrible, growing trend of these bastards that are becoming statists. Because who doesn't want free shit right? http://www.youtube.com/watch...
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Hi guys, I have read Mises' book Socialism and I think I have a decent understanding of the Economic Calculation problem, but I am not an economist by trade. I am a computer geek learning economics. A friend (a Socialist) has posted a lengthy response to my request that he read Mises' paper....
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Hello everyone. I'm new to the study of economics and capitalism, and so far I'm loving it. I've read Robert Murphy's Politically Incorrect Guide to Capitalism and Hazlitt's Economics in One Lesson , both of which are fantastic. I figured I'd go for some more challenging material...