From Marx to Mises: Post-Capitalist Society and the by David Ramsay Steele

By David Ramsay Steele

In 1920, Ludwig von Mises proclaimed that each one makes an attempt to set up socialism could come to grief, for purposes of informational potency. first and foremost, socialists and economists took Mises's argument heavily, yet by means of the tip of the second one global battle, a consensus prevailed that Mises have been discredited. extra lately, that consensus has been speedily reversed: it's now extensively agreed that 'Mises was once right'. but the momentous implications of the Mises argument - for economics, politics, tradition, and philosophy - stay principally unexplored. From Marx to Mises is a transparent, penetrating exposition of the industrial calculation debate, and a scrutiny of a few of the wider matters it increases.

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Extra resources for From Marx to Mises: Post-Capitalist Society and the Challenge of Economic Calculation

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Segerson. 2014. Regulatory takings. In The Oxford handbook of land economics, eds. J. M. Duke and J. Wu, 698–722. New York: Oxford University Press. Mills, E. S. 2014. Are large metropolitan areas still viable? In The Oxford handbook of land economics, eds. J. M. Duke and J. Wu, 74–84. New York: Oxford University Press.  Duke and JunJie Wu Montgomery, C. A. 2014. Fire: An agent and a consequence of land use change. In The Oxford handbook of land economics, eds. J. M. Duke and J. Wu, 281–301. New York: Oxford University Press.

Techniques such as conservation easements are best framed as participatory, rather than incentive-based, because the public or private demander secures positive externalities by triggering demand in a market for a less-than-fee right in land (say, a negative easement). In other words, the easement market always existed, but it was the newly created demand from government or a private group that created the viability of this “new” market for conservation. A final set of controls is a hybrid of two of the preceding; for instance, a transferable development right program is part regulatory (the cap) and part incentive-based (the trading).

Or, it can occur between economic and noneconomic models. Even within the discipline, greater recognition and integration stimulates cross-fertilization between the fields of land economics research. By providing a comprehensive survey of land-related work in several economics fields, we hope this handbook will provide the basic tools needed for new and established land economists to redefine the scope and focus of their work, to better incorporate the contemporary thinking from other fields, and to push out the frontiers of land economics in the areas identified.

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