User:Harrystein/sandbox/Main Page/dyk

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  • ...in a 1963 memo about the Republic of Cuba, the CIA noted privately that "the large-scale campaigns of murders and terrorism characteristic of the last years of the Batista regime", killing about 20,000 Cubans between 1952 and 1958, "have not occurred during the Castro regime"?

  • The Soviet mathematical school founded by Kantorovich and the Austrian school exemplified by Mises and Hayek took radically different positions on the feasibility of socialist economic calculation. To a large extent they ignored one another.
  • The Austrian school largely concentrated on criticising Western trained socialist economists like Lange and the Soviet school appears to have ignored Mises completely. Even when the key participants met, the issue was not raised.
  • With the political demise of the USSR, the Austrian school have tended to assume that Mises arguments have been vindicated, but theoretical economic arguments are not finally resolved by politics. Political fashions change. So- cialism, from being politically unpopular in Europe the 1990s, has, since then, been making substantial inroads on another continent. No, one has to bring economic arguments head to head in their own terms. Kantorovich, an absent participant in the Western debate on socialist calculation, is worth paying attention to.