Von Mises, Kantorovich and in-natura calculation

Cockshott, W.P.C. (2010) Von Mises, Kantorovich and in-natura calculation. Intervention : European Journal of Economics and Economic Policies, 7(1), pp. 167-200.

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Abstract

The article reviews the idea of calculation in kind. It is argued that Kantorovich subsequent mathematicians essentially validated the idea of in-kind calculation. This has not been evident because Kantorovich nowhere deals with the Austrian school and they for their part have ignored him. The article continues by examining improvements in linear optimisation since Kantorovich and the implications these have for economic planning. Finally it discusses the problem of deriving the plan ray in the context of markets for consumer goods

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Cockshott, Dr William
Authors: Cockshott, W.P.C.
Subjects:H Social Sciences > HB Economic Theory
Q Science > QA Mathematics
College/School:College of Science and Engineering > School of Computing Science
Journal Name:Intervention : European Journal of Economics and Economic Policies
ISSN:1613-0960

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