The perils of lax economic policy: The case of Chile during the COVID-19 pandemic

VI Espinosa - The Review of Austrian Economics, 2024 - Springer
This paper examines the short-and long-term effects of lax economic policy in Chile during
the COVID-19 pandemic and discusses whether they promoted or inhibited sustainable …

The Ethics of Fractional-Reserve Banking System: A Private Property Rights Approach

VI Espinosa, MA Alonso-Neira, J Huerta de Soto - Economies, 2023 - mdpi.com
It is generally stated that the fractional-reserve banking system (FRBS) is consistent with
sustainable economic growth and development. While it assumes that depositors will not be …

Technical or political? A reply to Lopes's (2021) account of the socialist calculation debate from complexity economics.

V Moreno-Casas - Cosmos+ Taxis, 2023 - search.ebscohost.com
This article challenges Lopes's (2021) view of the socialist calculation debate and his
conclusions. In a recent paper, Lopes argues that Oskar Lange provided scientific proof of …

Automating away the centre? Optimal planning and the menace of bureaucratisation

M Grünberg - Competition & Change, 2025 - journals.sagepub.com
Within the wider discourse on economic planning, this paper critically interrogates practical
challenges in applying optimisation algorithms to achieve allocative efficiency on the scale …

The political economy of fiscal dominance: Evidence from the Chilean government of Salvador Allende

VI Espinosa, DO Cueva - Economic Affairs, 2024 - Wiley Online Library
This article examines the political economy of fiscal dominance during the Chilean
government (1970–73) of Salvador Allende. Fiscal dominance appears when the monetary …

The 'means' and the 'ends' of economic calculation: The missing aspect of an epochal dispute

D Trubnikov - Economic Affairs, 2024 - Wiley Online Library
Current technological advances have revived the old socialist calculation debate. While the
arguments on the socialist side appear to be backed by exciting technological …

Neoclassical versus complexity economics: the socialist calculation debate as a clash of paradigms

V Moreno-Casas, L García-Carrión - Free Market Institute …, 2022 - papers.ssrn.com
Recently, the historical socialist calculation debate seems to have revived. Since the fall of
the Soviet Union, some socialist authors have continued the apparently concluded …

Dariusz Pieńkowski, The Economics of Sustainable Development and Distribution: The Unfairness and Injustice of Milton Friedman's Capitalism. Routledge Studies …

VI Espinosa - 2024 - Springer
VI Espinosa making another individual worse off. However, as perfect competition
assumptions are unrealistic (eg, perfect knowledge and price-taking agents), capitalism fails …

Ökobilanz und kybernetische Wirtschaftsplanung: Demokratisch geplante Wirtschaft zur Befriedigung gesellschaftlicher Bedürfnisse in planetaren Grenzen

J Heyer, W Zeug - PROKLA. Zeitschrift für kritische Sozialwissenschaft, 2024 - prokla.de
Viele bisherige Ansätze einer demokratischen Wirtschaftsplanung bleiben hinter den
wissenschaftlichen und technischen Möglichkeiten zurück. Daher werden in diesem …

[PDF][PDF] The Incompleteness of Central Planning

HT Nguyen - Quarterly Journal of Austrian Economics, 2024 - qjae.mises.org
This article aims to flesh out the implication of Kurt Gödel's incompleteness theorems for the
computability of social economic planning. Specifically, the article challenges the claim of …