Economic Calculation in the Socialist Commonwealth

Opis książki:

The real tragedy of this experiment is that Ludwig von Mises and his followers—among the best economic minds of this century—had exposed the truth about socialism in 1920, yet their warnings went unheeded.
In this essay, "Economic Calculation in the Socialist Commonwealth," Mises examines Marxism`s most fundamental claims. In doing so, Mises exposes socialism as a utopian scheme that is illogical, uneconomic, and unworkable at its core. It is "impossible" and must fail because it is devoid of economic rationale; it provides no means for any objective basis of economic calculation and thus no way to assign resources to their most productive uses. In 1920, however, the enthusiasm for socialism was so strong, especially among Western intellectuals, that Mises`s short and insightful masterpiece was either not understood or deliberately distorted by his critics.

Książka "Economic Calculation in the Socialist Commonwealth" - Ludwig von Mises - oprawa miękka - Wydawnictwo Praxeology Press of the Ludwig von Mises Institute.