...Alex Balinky Don Lavoie. Cambridge. Cambridge University Press, 1985. Pp. 208. $34.50. Copyright © 1988 by Duke University Press 1988 BOOK REVIEWS Rivalry and central planning: the socialist calculation debate reconsidered. By Don Lavoie. Cambridge. Cambridge University Press...

...., and Donald R. Leal. [1991] 2001 . Free Market Environmentalism . 2nd expanded ed. New York: Palgrave. Boettke, Peter J. 1998 . Economic Calculation: The Austrian Contribution to Political Economy. Advances in Austrian Economics 5 : 131 -58. ____, ed. 2002 . The Socialist Calculation Debate . 9...

... CCC 0018-2702/90/$1.50 Giinther K. Chaloupek In his book Rivalry and central planning Don Lavoie gives an account of the socialist calculation debate which originated from Ludwig Mises’s attack on the feasibility and workability of a socialist economy based on production in state-owned...

...Thomas Uebel Far from having become a dusty museum piece the socialist calculation debate continues to afford a focus for explorations of the conceptual foundations for challenges to orthodox political economy. Here Otto Neurath’s radical stance in the socialist calculation debate...

...Sebastian Berger This article deals with the theory of social costs by K. William Kapp, as outlined in his book The Social Costs of Private Enterprise (1950). This work is a continuation of the socialist calculation debate, in which Kapp defended the possibility of rational planning...

... receive little attention. There is not much here on business cycle theory, nor on capital theory. The emphasis is strongly on the issues thrown up during the course of the socialist calculation debate-and elaborated thereafter by Mises and Hayek, Kirzner and Lachmann. Citing Mises, Vaughn...

... . Calculation, Complexity, and Planning: The Socialist Calculation Debate Once Again. Review of Political Economy 5 . 1 : 73 -112. Hayek , F. A. [ 1937 ] 1948. Economics and Knowledge. In Individualism and Economic Order . Chicago: University of Chicago Press. Hayek , F. A. [ 1940 ] 1948...

... of Neurath in the socialist calculation debate bears out this suspicion, for the fact that an ecological incommensurability argument was part of his argument for the socialization of national economies (as argued in this journal some years back) and so provided him with partial answer to Ludwig von Mises s...

... from an Austrian window.’ South African Journal of Economics 51 : 368 -79. Lavoie , Don 1985 . Rivalry and central planning: The socialist calculation debate reconsidered . Cambridge. Lawlor , Michael , and Bobbie Horn 1987 . ‘Some issues from the Sraffa-Hayek exchange...

... to Political Economy, Advances in Austrian Economics 5 : 131 -58. ____. 2000 . Towards a History of the Theory of Socialist Planning. In vol. 1 of Socialism and the Market: The Socialist Calculation Debate Revisited ,edited by Peter J. Boettke. New York: Routledge. ____, ed. 2000 . Socialism...

... to explain this change with some (rather cau- tious) rationales, which basically center around Hayek’s involvement in the socialist calculation debate of the 1930s. That this debate was absolutely crucial to the self-understanding and further theoretical development of the Austrian school...

... analysis. That would permit us in tum to contrast total equilibrium analysis with general equilibrium analysis. Thus in the great "socialist calculation debate" of the 1930s, the Austrian economists employing total equi- librium analysis were in fact vanquished by Oskar Lange and Abba Lerner employing...

... . A Macrodynamic Theory of Business Cycles. Econometrica 3 . 3 : 327 -44. Kurz , H. D. 1993 . Marginalism, Classicism and Socialism in German-Speaking Countries: 1871–1932. University of Graz. Mimeo. Lavoie , D. 1985 . Rivalry and Central Planning: The Socialist Calculation Debate...

.... 1936. The General Theory of Employment, Interest and Money. Lon- don: Macmillan. Lavoie, Don. 1985. Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered. Cambridge: Cambridge University Press. O’Driscoll, Gerald P., and Mario J. Rizzo. 1985. The Economics ofTime...

... for concludes the author, in a scholarly and reasonably written treatise, is to return to the original socialist calculation debate and recon- sider the issue of plan versus market which remains unresolved. Rutgers University ALEXBALINKY Jesus and the economic...

... researched, and frankly iconoclastic, studies of cameralism, Friedrich List, “historical” economics, higher education in business, the socialist calculation debate, Franz Neumann’s Behemoth, Nazi plans for European economic integration, and “Ordoliberalism...

... Economics . Wilmington, Del.: Intercollegiate Studies Institute Press. Knight, Frank. [1921] 1971 . Risk,Uncertainty, and Profit . Chicago: University of Chicago Press. Lavoie, Don. 1985 . Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered . New York: Cambridge University...

...: Agent-Type and the Worst-Case Situational Logic of Planning Interestingly enough, Mises ([1932] 1981, 407) and Hayek (1935, 2–3) had initially proclaimed that questions regarding planner type were not pertinent to the socialist calculation debate.9 It is rather fitting, therefore, that Hayek had...

... reasons for concentrating on perfect competition would have been useful, as would the views on competition of someone, such as Abba Lerner, in- volved on the “other” side of the socialist calculation debate, or even Robert Triffin. The modern literature could have been represented by an article...

... understanding of markets is called into play. It is not a surprise, then, that the very basic differences of world view between Hayek and the market socialists would hamper communication. As is now well known, Mises began what was later referred to as the economic calculation debate by pointing out...