15 June 2020

Decentralized Economic Coordination: Let a Hundred Flowers Bloom

The calculation problem, as stated by Ludwig von Mises and Friedrich Hayek, has been central to most libertarian arguments against non-market or non-price forms of economic coordination. The Misesian variant, argued in Economic Calculation in the Socialist Commonwealth and Socialism, is based on the role of factor input pricing in allocating inputs among competing uses.... - Kevin Carson
https://c4ss.org/content/52947?utm_source=dlvr.it&utm_medium=blogger

Featured

2020 protests: American Spring? US regime-collapse?

The Trump regime is presiding over a viral outbreak that slaughtered over 100,000 Americans, embarassing the US as the worst-hit countr...

Follow Me on Twitter