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Socialism, Economic Calculation and Entrepreneurship

In: The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II

Author

Listed:
  • Adrián Ravier

    (ESEADE)

Abstract

In his book Socialism, Economic Calculation and Entrepreneurship, Jesús Huerta de Soto reviews the different contributions of Ludwig von Mises and Friedrich Hayek against the socialists of the twentieth century. The forms of socialism have changed over time, but Mises’s central argument of 1920–1922 continues to attack the foundations of each proposal, while Hayek’s contribution with his theory of knowledge gives it the coup de grâce. This book should not be understood only as an attack on socialism but also as a systematic exposition of Austrian microeconomic theory, which contains many elements that can contribute to improving conventional microeconomics.

Suggested Citation

  • Adrián Ravier, 2023. "Socialism, Economic Calculation and Entrepreneurship," Springer Books, in: David Howden & Philipp Bagus (ed.), The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II, pages 237-253, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-17418-6_21
    DOI: 10.1007/978-3-031-17418-6_21
    as

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