Economic Calculation In The Socialist Commonwealth

Podcast by Ludwig von Mises

English

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About Economic Calculation In The Socialist Commonwealth

This is the essay that overthrew the socialist paradigm in economics, and provided the foundation for modern Austrian price theory. When it first appeared in 1920, Mises was alone in challenging the socialists to explain how their pricing system would actually work in practice. Mises proved that socialism could not work because it could not distinguish more or less valuable uses of social resources, and predicted the system would end in chaos. The result of his proof was the "socialist calculation" debate. This audio book is narrated by Gennady Stolyarov II.

All episodes

8 episodes

Why a Socialist Economy is "Impossible"

This is the Postscript to Economic Calculation in the Socialist Commonwealth (pp. 51-71) by Ludwig von Mises. Narrated by Gennady Stolyarov II.

4 Jul 2008 - 1 h 0 min

Conclusion to Economic Calculation In The Socialist Commonwealth

Pages 48-50 in the text, as narrated by Gennady Stolyarov II.

1 Jul 2008 - 1 h 0 min

V. The Most Recent Socialist Doctrines and the Problem of Economic Calculation

From Economic Calculation In The Socialist Commonwealth. Pages 40-47 in the text, as narrated by Gennady Stolyarov II.

1 Jul 2008 - 1 h 0 min

IV. Responsibility and Initiative in Communal Concerns

From Economic Calculation In The Socialist Commonwealth. Pages 33-40 in the text, as narrated by Gennady Stolyarov II.

1 Jul 2008 - 1 h 0 min

III. Economic Calculation in the Socialist Commonwealth

From Economic Calculation In The Socialist Commonwealth. Pages 26-33 in the text, as narrated by Gennady Stolyarov II.

1 Jul 2008 - 1 h 0 min

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