Title: 
Economic Calculation in the Socialist Society
Author: 
Trygve J.B. Hoff
Updated: 
6/16/2009 8:35:17 AM
Publication Info:
1949, William Hodge and Company, London, 1949
Description: 
<p>First published in Norwegian in 1938, the English translation of Hoff's work didn't appear until 1949, and was not widely available. As a survey of the debate on socialist calculation, and a defense of the pure Mises-Hayek position, this work deserves more attention than it has received. He covers a myriad of objections to the idea that by socializing the means of production, government wrecks the ability to calculate. He also addresses still-common criticisms of the capitalist production process.</p> 

<p>The contents of this essential work include:</p><ul>

<li>Introduction (Karen I. Vaughn)
<li>1. Statement of the Problem--Earlier Treatment of the Subject--Possibility of "Objective" Discussion
<li>2. Definitions and Assumptions
<li>3. Procedure--Additional Assumptions--The Aim of Social Economic Activity
<li>4. Calculation in Socialism Societies with a Natural Economy
<li>5. The Possibility of Economic Calculation in Marxist-Communist Communities
<li>6. Money and the Formation of Prices of Consumer Goods in a Socialist Society with Free Choice of Goods and Occupation
<li>7. Reserves, Profit, and Risk in the Socialist State
<li>8. Interest in the Socialist Society
<li>9. Rent in the Socialist Society
<li>10. Depreciation in the Socialist Society
<li>11. Mises' Theory, Proposed Solutions: Mathematical Solutions and the "Experimental Method"
<li>12. Other Solutions, Marginal Costs as Criteria
<li>13. Other Suggested Solutions: Competition in the Socialist Community
<li>14. Economic Calculation in a Socialist Society Where There Is Free Choice of Goods or Occupation
<li>15. Resume and Conclusions
<li>Appendices
<ul>
<li>A. The Price-Mechanism in a Private Capitalist Society
<li>B. Alleged Defects of Capitalist Societies and the Chances of Eliminating them in Socialist Societies
<li>C. A Comparison between our Conclusions and Experiences in Soviet Russia</ul></ul></p>


ISBN #:
9780913966938
Source:
Online Books
Time(s):

Original URL:
http://mises.org/document/4329/Economic-Calculation-in-the-Socialist-Society
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http://mises.org/store/product.aspx?ProductId=36