Von Mises, Kantorovich and in-natura calculation

William Cockshott ()

European Journal of Economics and Economic Policies: Intervention, 2010, vol. 7, issue 1, 167-199

Abstract: The article reviews the idea of calculation in kind. It is argued that Kantorovich and subsequent mathematicians essentially validated the idea of in-kind calculation. This has not been evident because Kantorovich nowhere deals with the Austrian school and they for their part have ignored him. The article continues by examining improvements in linear optimisation since Kantorovich and the implications these have for economic planning. Finally it discusses the problem of deriving the plan ray in the context of markets for consumer goods.

Keywords: planning; calculation debate; linear optimisation (search for similar items in EconPapers)
JEL-codes: B14 C61 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:elg:ejeepi:v:7:y:2010:i:1:p:167-199

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