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Socialism, Economic Calculation and Entrepreneurship (New Thinking in Political Economy Series)
 
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Socialism, Economic Calculation and Entrepreneurship (New Thinking in Political Economy Series) [Paperback]

Jesus Huerta De Soto

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Jesús Huerta de Soto
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'A leading scholar in the tradition of the Austrian School of Economics, professor Jesus Huerta de Soto presents a powerful analysis of socialism in a book dedicated to Ludwig von Mises, who underlined the theoretical failures of socialism and opened the famous economic calculation debate of the 1920s and 1930s. Then, as now, economic crises were widely attributed to freedom, business and markets. Then, as now, it was necessary to indicate the interventionist origins of trade cycles, the negative effects of economic policies, the crucial positive force of entrepreneurship, and the intellectual errors and terrible practical consequences of the enemies of liberty. Huerta de Soto's is, accordingly, a very timely book.' - --Carlos Rodriguez Braun, Universidad Complutense, Madrid, Spain

Product Description

This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought. With innovative and timely discussions, this book will appeal to students and academics in the fields of economic systems, the economic analysis of socialism and the history of economic thought. This important resource will also be greatly received by all scholars and students interested in Austrian economics.

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Amazon.com:  2 reviews
1 of 1 people found the following review helpful
Worth Every Penny 9 Feb 2011
By Dragonfly - Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
You cast about looking for examples of socialism/communism that actually work - and find nothing of course. And then want specific academic reasons why this is the case ; not just real-world examples of socialist quagmires and ruined economies (if not genocidal horrors ) littering the landscape and historical narrative. Reading Hayek, Von Mises etc is helpful, but i think even a neophyte will find this book enlightening and a wonderful place to start..
A bit of logic can even take you through to why smaller local efforts ( charities, churches etc ) are generally successful, yet large govt organizations fail miserably, from the work deSoto offers here.
2 of 5 people found the following review helpful
Author is great, price is wow 2 Nov 2010
By EconomicsWin - Published on Amazon.com
Format:Hardcover
I started with Huerta de Soto's book Money, Bank Credit, and economic cycles. It was amazing.

Why the hell is this 150 dollars for hardback. Good god. Make cheaper so i can buy please.

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