3 ms·
The ECP proposed by Mises isn't very strong, Paul Cockshott tries to deal with it in his work (attempting to show that it's not even a problem for central plann
by ue_ 9y ago
The ECP proposed by Mises isn't very strong, Paul Cockshott tries to deal with it in his work (attempting to show that it's not even a problem for central planning), and it largely ignores things like market socialism or decentralised planning.
I wish this were more well known, because the ECP is touted as some eternal show stopper for Socialism, when it's really not. It's based on a few false premises.