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Von Mises, Kantorovich and in-natura calculation

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  • W. Paul Cockshott

    (University of Glasgow)

Abstract

The article reviews the idea of calculation in kind. It is argued that Kantorovich and subsequent mathematicians essentially validated the idea of in-kind calculation. This has not been evident because Kantorovich nowhere deals with the Austrian school and they for their part have ignored him. The article continues by examining improvements in linear optimisation since Kantorovich and the implications these have for economic planning. Finally it discusses the problem of deriving the plan ray in the context of markets for consumer goods.

Suggested Citation

  • W. Paul Cockshott, 2010. "Von Mises, Kantorovich and in-natura calculation," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 7(1), pages 167-199.
    • Handle: RePEc:elg:ejeepi:v:7:y:2010:i:1:p:167-199
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    References listed on IDEAS

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    1. Swann, M J, 1975. "On the Theory of Optimal Planning in the Soviet Union," Australian Economic Papers, Wiley Blackwell, vol. 14(24), pages 41-56, June.
    2. L. V. Kantorovich, 1960. "Mathematical Methods of Organizing and Planning Production," Management Science, INFORMS, vol. 6(4), pages 366-422, July.
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    Cited by:

    1. Lambert, Karras J. & Fegley, Tate & Candela, Rosolino & Boettke, Peter & Phelan, Steven E. & Wenzel, Nikolai G. & Dapprich, J. Philipp, 2023. "Reply and counter-reply: On cybersocialism," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 300-310.

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    More about this item

    Keywords

    planning; calculation debate; linear optimisation;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist

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