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