Economics at your fingertips  

Crossing in the Night of the Cold War: Alternative Visions and Related Tensions in Western and Soviet General Equilibrium Theory

D. Wade Hands ()

History of Economic Ideas, 2016, vol. 24, issue 2, 51-74

Abstract: This paper extends various arguments in the recent historical literature on Soviet mathematical economics during the Cold War. It examines some of the tensions associated with the attempt to blend Walrasian economics and Soviet planning. The main argument is that the two literatures crossed in the night of the Cold War. Given the two different political-economic and scientific contexts, the aspect of the Walrasian vision most emphasized in the Western literature was exactly the opposite of the aspect most emphasized in the Soviet literature. For Western economists the main concern was how (how possibly) competitive market prices could coordinate the actions of heterogeneous economic agents, while the main concern of Soviet scholars was how (how possibly) the theory of competitive markets could be used to help facilitate the efficient implementation of a central planning mechanism with a single (social) goal. Many features of the mathematics were the same, but the different goals and contexts created various tensions within the mathematical models produced by the two scientific communities.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

History of Economic Ideas is currently edited by Riccardo Faucci, Nicola Giocoli, Roberto Marchionatti

More articles in History of Economic Ideas from Fabrizio Serra Editore, Pisa - Roma
Bibliographic data for series maintained by Mario Aldo Cedrini ().

Page updated 2023-09-30
Handle: RePEc:hid:journl:v:24:y:2016:2:3:p:51-74