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....