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On Political Economy and Econometrics: Essays in Honor of Oskar Lange is a commemorative publication to celebrate the achievements of Polish economist and diplomat Oscar Lange. The book is a collection of papers that tackles various issues in economy. The coverage of the text includes articles that deal with economic problems and concerns, such as the problem of monetary liquidity; research on the measures of inequality and concentration; and consumer's sovereignty in a planned economy. The book also presents materials about various methods employed in managing economy, such as stochastic linear programming and its application to economic planning; the application of statistical and mathematical methods in studies of the allocation of productive powers; and on the control of production and investment in socialism. The text will be of great interest to economists, sociologists, political scientists, and game theorists.
On the Economic Theory of Socialism was first published in 1938. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.Is socialism workable on economic grounds? "No," say the chief European critics of socialism - von Mises, Robbins, and von Hayek. "Yes," say Lange and Taylor in these two papers - the first refutation in English of the objections of these economists.There has been consistent demand for this book since it went out of print in 1944. This reprint is in response to that demand.
These essays show how Oskar Lange was in a position to observe three major economic systems that have characterized 20th-century economics: the backwardness of peripheral capitalism in pre-war Poland; capitalism in the United States; and the creation and subsequent reform of the Communist system.
This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought.
Papers in Economics and Sociology is a compilation of materials authored by the Polish economist Oskar Lange. The coverage of the essays covers the interrelations between economic and social issues. The text first covers the Marxist and socialist theory, and then proceeds to tackling political economy and socialism. Next, the selection deals with economic theory, along with the mathematical models, econometrics, and statistics utilized in economic analysis. The text also covers the economic science in the service of practice. The book will be of great use to political scientists, sociologists, behavioral scientists, and economists.
On Political Economy and Econometrics: Essays in Honor of Oskar Lange is a commemorative publication to celebrate the achievements of Polish economist and diplomat Oscar Lange. The book is a collection of papers that tackles various issues in economy.
Vol. 2 translated by S.A. Klain and J. Stadler and edited by P.F. Knightsfield. Includes bibliographical references.
Introduction to Economic Cybernetics introduces the reader to economic cybernetics, that is, the application of the principles of the theory of automatic control to the problems of managing the economic processes, and particularly the processes in a socialist economy. Topics covered include the general principles of regulation and control; cybernetic schemata of the theory of reproduction; the theory of stability of regulation systems; and a generalization of the theory of regulation. This book is comprised of five chapters and begins with an overview of economic cybernetics, followed by a discussion on the process of automatic regulation and how it functions, with particular reference to th...