Actually I think the Hayek-Mises critique of planning is quite easy to
answer. The problem is not information. The problem is designing
institutions which provide the incentives for technological
improvements.

Rod

[EMAIL PROTECTED] 07/13/00 03:11PM >>>
Lou says that market socialism is finished. If so, so is socialism,
since the Hayek-Mises critique of planning remains without a
credible answer on the left.

--
Rod Hay
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The History of Economic Thought Archive
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