Talk by Adam Buick for the Socialist Party on 27 September 2015 in London. The Economic Calculation Argument is a classic argument against the possibility of socialism put by defenders of free-market, ...
Learn what the Marginal Propensity to Invest (MPI) means, how it’s calculated, and its impact on economic growth and investment decisions.
A balanced and competent discussion, originally published in Norwegian in 1938, of the controversy set off by the studies of such economists as Barone, Von Mises, Hayek, Robbins and Lange. The author ...
1. LABOUR-TIME ACCOUNTING OR CALCULATION IN KIND? In 1920 Ludwig von Mises published an article “Die Wirtschaftsrechnung im sozialistischen Gemeinwesen”, which was translated into English in 1935 as ...
Is it possible to implement an efficient economic alternative to market capitalism using economic planning? The debate, which has blown both hot and cold over the last 80 years, has turned on the ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
This essay is the first in a series from the book Economic Freedom and Human Flourishing: Perspectives from Political Philosophy, edited by AEI’s Michael R. Strain and Stan A. Veuger. Check back in ...