Socialism: An Economic and Sociological Analysis / Edition 1

Socialism: An Economic and Sociological Analysis / Edition 1

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Liberty Fund Inc.


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Socialism: An Economic and Sociological Analysis / Edition 1

More than thirty years ago F. A. Hayek said of Socialism: “It was a work on political economy in the tradition of the great moral philosophers, a Montesquieu or Adam Smith, containing both acute knowledge and profound wisdom. . . . To none of us young men who read the book when it appeared was the world ever the same again.” This is a newly annotated edition of the classic first published in German in 1922. It is the definitive refutation of nearly every type of socialism ever devised. Mises presents a wide-ranging analysis of society, comparing the results of socialist planning with those of free-market capitalism in all areas of life.

Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century.

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Product Details

ISBN-13: 9780913966631
Publisher: Liberty Fund Inc.
Publication date: 11/01/1981
Series: Liberty Fund Library of the Works of Ludwig von Mises Series
Edition description: New Edition
Pages: 596
Sales rank: 662,322
Product dimensions: 6.12(w) x 9.00(h) x 1.50(d)
Age Range: 18 Years

Table of Contents

Editorial Foreword ix

Introduction 1

PART I. Market Socialism and the Socialist Calculation Debate

The Nature and History of the Problem 53
Addendum:  Review of Planwirtschaft und Verkehrswirtschaft 79
Foreword to Brutzkus, Economic Planning in Soviet Russia 84

The Present State of the Debate 89

Socialist Calculation:  The Competitive Solution 117

The Economics of Planning 141

PART II. The Economics and Politics of War

Pricing versus Rationing 151

The Economy of Capital 157

Documents Relating to the War 161

PART III. Planning, Freedom, and the Politics of Socialism

Freedom and the Economic System 181

Freedom and the Economic System [1939] 189

Planning, Science, and Freedom 213

The Intellectuals and Socialism 221

Hayek's Reviews of the Literature 239

Editor's Acknowledgements 255

Name Index 257

Subject Index 261

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