socialist calculation problem
GPTKB entity
Statements (26)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic problem
|
gptkbp:addressedTo |
gptkb:Lange–Lerner_model
Hayek's knowledge problem Mises' 1920 article 'Economic Calculation in the Socialist Commonwealth' |
gptkbp:alsoKnownAs |
economic calculation problem
|
gptkbp:concerns |
feasibility of resource allocation in socialism
|
gptkbp:criticizedFor |
central planning
|
gptkbp:debatedBy |
gptkb:Fred_Taylor
gptkb:Abba_Lerner gptkb:Oskar_Lange |
gptkbp:developedBy |
gptkb:Friedrich_Hayek
|
https://www.w3.org/2000/01/rdf-schema#label |
socialist calculation problem
|
gptkbp:influenced |
debate on socialism vs capitalism
|
gptkbp:mainArgument |
absence of price signals in socialism prevents rational economic calculation
|
gptkbp:originatedIn |
gptkb:Ludwig_von_Mises
|
gptkbp:proposedBy |
1920
|
gptkbp:relatedTo |
gptkb:economic_policy
gptkb:Austrian_School_of_Economics planned economy price mechanism market socialism information problem |
gptkbp:subjectOf |
academic debate in economics
literature on economic systems |
gptkbp:bfsParent |
gptkb:Economics_of_Socialism
|
gptkbp:bfsLayer |
8
|