The Economic Calculation Problem

The idea of Socialism is at once grandiose and simple. . . . We may say, in fact, that it is one of the most ambitious creations of the human spirit, . . . so magnificent, so daring, that it has rightly aroused the greatest admiration. If we wish to save the word from barbarism we have to refute socialism, but we cannot thrust it carelessly aside.

~ Ludwig von Mises

Swift's Notes on Economic Calculation - Great introductory notes to help understand the idea of economic calculation.

Texts to Understand the Debate

Economic Calculation in the Socialist Commonwealth by Ludwig Von Mises

Socialism, An Economic and Sociological Analysis by Ludwig von Mises *Pages 111-217*

History of the Debate

Economic Controversies by Murray Rothbard *Pages 801-858*

The Rise and Fall of the Austrian School’s Calculation Argument (1920 – 1950): A Short Explanation of the History of the Economic Calculation Debate by Don Lavoie

A Critique of the Standard Account of the Socialist Debate by Don Lavoie

Individualism and Economic Order Essay by F.A Hayek *Pages 119-147*

Original Misesian Argument

Economic Calculation in the Socialist Commonwealth by Ludwig Von Mises

Human Action by Ludwig von Mises *Pages 119-130/201-232/694-697*

Calculation and the Question of Arithmetic by Jeffrey Herbener

Economic Calculation in the Socialist Society by Trygve J. B. Hoff *Pages 50-81*

Attempts at Economic Calculation using Labor Hours

Socialism: An Economic and Sociological Analysis by Ludwig von Mises, Part II, *Pages 163-184*

Socialism, Economic Calculation and Entrepreneurship by Jesus Huerta De Soto *Pages 148-150*

Economic Calculation in the Socialist Society by Trygve J. B Hoff *Pages 81-100*

Review of Towards a New Socialism? by W. Paul Cockshott and Allin F. Cottrell

Attempts at Economic Calculation using Mathematical Solutions

Socialism, Economic Calculation and Entrepreneurship by Jesus Huerta De Soto *Pages 153-197*

Human Action by Mises *Pages 694-706*

Socialism, an Economic and Sociological Analysis by Ludwig von Mises *Pages 135-142/196-222*

Economic Calculation in the Socialist Society by Trygve J. B Hoff *Pages 202-236*

The Equations of Mathematical Economics and the Problem of Economic Calculation in a Socialist State by Ludwig von Mises

In Soviet Union, Optimization Problem Solves You by Cosma Shalizi

Central Planning’s Computation Problem by Lucas Engelhardt

Artificial Intelligence and Economic Calculation by Robert Gmeiner and Mario Harper

Cantors Diagonal Argument: An Extension to the Calculation Debate by Robert Murphy

Computability and Economic Planning by Ionela Baltatescu and Petre Prisecaru

Mathematical Optimization and the Economic Calculation Problem by Rai Ling

Market Socialism

Socialism, Economic Calculation and Entrepreneurship by Jesus Huerta De Soto *Pages 198-316*

Human Action by Mises *Pages 694-706*

Socialism, an Economic and Sociological Analysis by Ludwig von Mises *Pages 135-142/196-222*

Economic Calculation in the Socialist Society by Trygve J. B Hoff *Pages 202-236*

Market Socialism: A Subjectivist Evaluation by Robert Bradley, Jr.

Market Socialism and the Property Problem: Different Perspective of the Socialist Calculation Debate by Mateusz Machaj

The Economic Problem of a Community: Ontological Reflections Inspired by the Socialist Calculation Debate by Diogo Lourenço and Mário Graça Moura

Competition and Entrepreneurship by Israel Kirzner *Pages 112-119*

The Knowledge Problem

Individualism and Economic Order by F.A Hayek *Pages 33-57/77-106/148-208*

Socialism, Economic Calculation and Entrepreneurship by Jesus Huerta De Soto *Pages 18-54,/74-94*

National Economic Planning: What Is Left? by Don Lavoie

Knowledge and Decisions by Thomas Sowell

Internal Austrian Debates

The Great Mises/Hayek De-Homogenization/Economic Calculation Debate by Stehpan Kinsella