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Socialism, Economic Calculation and Entrepreneurship

by Huerta de Soto, Jesús

1992

Summary

Extends the Misesian impossibility of socialist calculation into a full theory of entrepreneurship, showing that socialism systematically destroys the entrepreneurial process through which society creates and coordinates economic knowledge, making it not just inefficient but theoretically impossible.

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ISBN: 978-1-849800-65-5

Topics

analytics Economics menu_book Austrian Economics auto_stories Austrian School account_balance Socialism business_center Entrepreneurship trending_up Market Process calculate Economic Calculation trending_up Free Market

Quotes from this book

• Entrepreneurship Is Human Action