This paper has two purposes. First, I hope to give the reader a flavor for the basic contents of Kornai's book, By Force of Thought. Second, I aim to draw attention to the important and close connections between several of Kornai's major works discussed in his autobiography, as well as their...

In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...

An important question for any researcher who wishes to revisit the socialist calculation debate is: Why beat a dead horse? With the collapse of the communism in 1991, other than for historical purposes, there seems to be little value in rehashing the debate over socialism’s feasibility....