• Corpus ID: 14779748

Friedrich von Hayek: The Socialist-Calculation Debate, Knowledge Arguments, And Modern Economic Development

  title={Friedrich von Hayek: The Socialist-Calculation Debate, Knowledge Arguments, And Modern Economic Development},
  author={Cara Anson Elliott},
At the close of the nineteenth and the commencement of the twentieth century, socialism began to gain momentum as a large-scale movement in Europe and the United States. This popularity was supported by an increased influence of the working class in society, which put pressure for representation upon European parliaments and began to secure concrete improvements in labor protection laws. Moreover, socialist proponents looked hopefully towards the living example of the Soviet Union, which began… 
1 Citations

Costs and Benefits of Market-Based Instruments in Accelerating Low-Carbon Energy Transition

This chapter provides a discussion on costs and benefits of market-based instruments (MBIs) in accelerating low-carbon energy transitions. MBIs are contrasted with discretionary government policies



The Ordinary Business of Life: A History of Economics from the Ancient World to the Twenty-First Century

In some of Western culture's earliest writings, Hesiod defined the basic economic problem as one of scarce resources, a view still held by most economists. Diocletian tried to save the falling Roman

Hayek and Socialism

Friedrich A. Hayek was a life-long opponent of socialism. Three of his contributions are surveyed and placed within historical context: his debates in the 1930s with the market socialists, his

Market Socialism: A Case for Rejuvenation

In this paper, we will outline a feasible economic mechanism of "competitive socialism." Our claim is that competitive markets are necessary to achieve an efficient and vigorous economy, but that

Economics and knowledge

The use of knowledge about society