George Orwell's famous fictions, Animal Farm and Nineteen-Eighty Four were intended to advocate democratic socialism by portraying undemocratic forms of socialism as totalitarian. For Orwell, democracy was a political institution which would limit the abuse of power. But there are several...

In the early twentieth century, a range of writers produced visions of a socialist economy whose distinguishing characteristic was an allocation of resources using a ‘technical’ perspective. In the 1930s, Oskar Lange took up the challenge of Ludwig von Mises’ claim of the...

Ne úgy olvassuk ezt a könyvet, mint a marxista vagy szovjet típusú gazdaságpolitikai tévút hátterének (egyik) elméleti analízisét! Ha ugyanis így fogunk hozzá, akkor nem is látunk mást a könyvben, mint ma már többnyire vastagon poros szerzők jobb esetben csak a valóságtól...

A tanulmány a nemrég elhunyt Lányi Kamilla pályaképét rajzolja meg. Lányi egyike volt azoknak a nagy műveltségű, eredeti gondolkodású és beskatulyázhatatlan magyar közgazdászoknak az elmúlt fél évszázadban, aki ugyan rengeteg művet hagyott az utókorra, és mély hatást...

Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There is however a long tradition of economic analysis which emphasises how growth in a capitalist economy leads to an accumulation of tensions and results in periodic crises. This...

Dieser Beitrag rezensiert den außerordentlich lesenswerten Sammelband, den Richard Sturn unter dem Titel 'Joseph Schumpeter und der Staat" in der Nomos-Reihe 'Staatsverständnisse" herausgegeben hat. Zugleich wird herausgearbeitet, dass die Schumpeter Rezeption vor einer groflen Herausforderung...

This article is largely a survey of ideas and findings about economic inequality. It begins with an account of the socialist demand for economic equality and shows that this is incompatibloe with the rival social value of liberty. Utilitarismn which has dominated economic work on the problem, is...

An article that reviews the work of Kantorovich in the light of von Mises claim that rational calculations were impossible without markets. It gives a tutorial introduction to the use of Kantorovich's methods, compares his approach to that of Dantzig. An assesment is given of the extent to which...

The article continues a publication with the same title and outlines the development of the economic theory during the 20th century. The review of the evolution of the neoclassical school ends with the study on the emergence and development of modern macroeconomics. Special attention is put on...

The idea of measuring scientific relevance by counting citations is gaining ever-growing consensus among economists, and thanks to the electronic bibliographic resources now available the procedure has become relatively simple and fast. However, when it comes to putting the idea into practice...