analysis by فردای اقتصاد about Stock قرن on 6/21/2024
From the critique of socialism to cutting from the neoclassics Debate of the century/23rd episode ▪️ Audio version ▪️ version of the website In 1935, Hayek decided to react to the growing trend towards socialism in England by re-introducing the discussion of "socialist calculations". This action of his met with Oscar Lange's response, who believed that economists can control and optimally manage production in a socialist society. Academic economists' support of Oskar Lange's idea led Hayek to a fundamental critique of the foundations of neoclassical economics. By presenting a non-mathematical definition of the concept of "equilibrium" and proposing the idea of "sharing knowledge", he emphasized the vital role of individual knowledge and information in the healthy functioning of the economic system. In the light of these discussions, Hayek declared that successful government planning for the economy was impossible, and placed individual freedom at the center of economic thought. In this regard: Why should you listen to "Debate of the Century"? #radio_andiseh ◻️ Video media of the future of economy ⬇️ @Feghtesad
