First published 1990

"Postscript: Why a Socialist Economy is 'Impossible'"

Name: "Postscript: Why a Socialist Economy is 'Impossible'"
Author: Joseph T. Salerno

(1990) to Ludwig von Mises, Economic Calculation in the Socialist Commonwealth , Auburn, AL: Ludwig von Mises Institute, pp. 51-71.Updated January 15, 2007

"Postscript: Why a Socialist Economy is 'Impossible'" by Joseph T. Salerno is available as a free HTML download at freecapitalists.org.

Author: Joseph T. Salerno
First published: 1990
Format: HTML
License: Licence not verified for this edition.

Austrian theory & method The state & socialism

Joseph T. Salerno's analysis of Mises' economic calculation argument, explaining the impossibility of efficient resource allocation under central planning.

Summary written for this archive from the title and publication record.

About the author

Joseph T. Salerno b. 1950

Joseph T. Salerno (born 1950) is academic vice president of the Mises Institute, professor emeritus of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics. Read more about Joseph T. Salerno.

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