segunda-feira, 11 de dezembro de 2006

Destaque

"The End of Socialism and the Calculation Debate Revisited"

by Murray N. Rothbard. This article was originally published in The Review of Austrian Economics in 1991, during the collapse of the Soviet Union.

"...But the uniqueness and the crucial importance of Mises's challenge to socialism is that it was totally unrelated to the well-known incentive problem. Mises in effect said: All right, suppose that the socialists have been able to create a mighty army of citizens all eager to do the bidding of their masters, the socialist planners. What exactly would those planners tell this army to do? How would they know what products to order their eager slaves to produce, at what stage of production, how much of the product at each stage, what techniques or raw materials to use in that production and how much of each, and where specifically to locate all this production? How would they know their costs, or what process of production is or is not efficient?

Mises demonstrated that, in any economy more complex than the Crusoe or primitive family level, the socialist planning board would simply not know what to do, or how to answer any of these vital questions."

Introduction
Mises and the Challenge of Calculation
The Lange-Lerner "Solution"
Some Fallacies of the Lange-Lerner Solution
Mises's Rebuttal: The Entrepreneur
The Structure of Capital
Mises's Rebuttal: Valuation and Monetary Appraisement
Fallacies of Hayek and Kirzner
Solving Equations and Lange's Last Word
Socialist Impossibility and the Argument from Existence
Epilogue: The End of Socialism and Mises's Statue

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