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On the Economic Theory of Socialism: Part Two

Oskar Lange · The Review of Economic Studies 4(2), 123–142 · 1937

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Type
Article
Author
Oskar Lange
Identifier
DOI 10.2307/2967609
Accessed
2026-09-01

Claims citing this source

1 claims
EstablishedMises (1920) argued that without private ownership of and market prices for the means of production, a socialist economy could not calculate costs rationally; Lange (1936–37) replied that a planning board could reach equilibrium prices by trial and error.