Rivalry and Central Planning Quotes

“Lerner similarly asserts that “Mises . . . assumes the pricing system transformed unaltered from a perfectly competitive economy” and contends that this “dogmatic” viewpoint considers “sacrilegious” any attempt to “improve on a ‘perfect’ price mechanism” (1934b, p.”
― Don Lavoie, Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered

“Mises’s calculation argument is generally credited with having shaken socialists out of their neglect of the economics of planning, but few commentators on the debate are willing to grant him much more than this stimulative accomplishment.13 His argument is usually interpreted in neoclassical terms, as a denial of what Schumpeter ([1942] 1950, p. 185) calls the “logical credentials” of socialism. The usual method of interpreting Mises’s argument is first to summarize it and then to offer a detailed digression on equilibrium theory and welfare economics to explain what he meant. Thus Sherman (1969b, pp. 262–3, 268) writes:”
― Don Lavoie, Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered

“Don Lavoie’s Rivalry and Central Planning: The Socialist Debate Reconsidered, originally published by Cambridge University Press in 1985, was a vital contribution to the scholarly literature in comparative economic systems and the Austrian school”
― Don Lavoie, Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered