Faster access than browser!
39 relations: Abba P. Lerner, Allocative efficiency, Capitalism, Criticisms of socialism, Economic equilibrium, Economic planning, Europe-Asia Studies, Externality, Fred M. Taylor, Friedrich Hayek, Goulash Communism, Hungarian People's Republic, János Kádár, Journal of Economic Perspectives, Journal of Political Economy, JSTOR, Léon Walras, Ludwig von Mises, Marginal cost, Marginalism, Market economy, Market socialism, Means of production, Milton Friedman, Neoclassical economics, New Economic Mechanism, Oskar R. Lange, Pareto efficiency, PDF, Perfect competition, Poland, Social dividend, Socialist calculation debate, Socialist economics, Soviet-type economic planning, The New Palgrave Dictionary of Economics, Vilfredo Pareto, Workplace democracy, X-inefficiency.
Abba P. Lerner
Abraham (Abba) Ptachya Lerner (also Abba Psachia Lerner; 28 October 1903 – 27 October 1982) was a Russian-born British economist.
New!!: Lange model and Abba P. Lerner · See more »
Allocative efficiency
Allocative efficiency is a state of the economy in which production represents consumer preferences; in particular, every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing.
New!!: Lange model and Allocative efficiency · See more »
Capitalism
Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.
New!!: Lange model and Capitalism · See more »
Criticisms of socialism
Criticism of socialism refers to any critique of socialist models of economic organization and their feasibility as well as the political and social implications of adopting such a system.
New!!: Lange model and Criticisms of socialism · See more »
Economic equilibrium
In economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.
New!!: Lange model and Economic equilibrium · See more »
Economic planning
Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism.
New!!: Lange model and Economic planning · See more »
Europe-Asia Studies
Europe-Asia Studies is an academic peer-reviewed journal published 10 times a year by Routledge on behalf of the Institute of Central and East European Studies, University of Glasgow, and continuing (since vol. 45, 1993) the journal Soviet Studies (vols. 1-44, 1949–1992), which was renamed after the dissolution of the Soviet Union.
New!!: Lange model and Europe-Asia Studies · See more »
Externality
In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.
New!!: Lange model and Externality · See more »
Fred M. Taylor
Fred Manville Taylor (July 11, 1855, Northville, Michigan – August 7, 1932) was a U.S. economist and educator best known for his contribution to the theory of market socialism.
New!!: Lange model and Fred M. Taylor · See more »
Friedrich Hayek
Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.
New!!: Lange model and Friedrich Hayek · See more »
Goulash Communism
Goulash Communism (Hungarian: gulyáskommunizmus) or Kadarism (after János Kádár) refers to the variety of communism as practised in the Hungarian People's Republic from the 1960s until the Central European collapse of communism in 1989.
New!!: Lange model and Goulash Communism · See more »
Hungarian People's Republic
The Hungarian People's Republic (Magyar Népköztársaság) was a one-party socialist republic (communist state) from 20 August 1949 to 23 October 1989.
New!!: Lange model and Hungarian People's Republic · See more »
János Kádár
János Kádár (26 May 1912 – 6 July 1989) was a Hungarian communist leader and the General Secretary of the Hungarian Socialist Workers' Party, presiding over the country from 1956 until his retirement in 1988.
New!!: Lange model and János Kádár · See more »
Journal of Economic Perspectives
The Journal of Economic Perspectives (JEP) is an economic journal published by the American Economic Association.
New!!: Lange model and Journal of Economic Perspectives · See more »
Journal of Political Economy
The Journal of Political Economy is a bimonthly peer-reviewed academic journal published by the University of Chicago Press.
New!!: Lange model and Journal of Political Economy · See more »
JSTOR
JSTOR (short for Journal Storage) is a digital library founded in 1995.
New!!: Lange model and JSTOR · See more »
Léon Walras
Marie-Esprit-Léon Walras (16 December 1834 – 5 January 1910) was a French mathematical economist and Georgist.
New!!: Lange model and Léon Walras · See more »
Ludwig von Mises
Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.
New!!: Lange model and Ludwig von Mises · See more »
Marginal cost
In economics, marginal cost is the change in the opportunity cost that arises when the quantity produced is incremented by one unit, that is, it is the cost of producing one more unit of a good.
New!!: Lange model and Marginal cost · See more »
Marginalism
Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility.
New!!: Lange model and Marginalism · See more »
Market economy
A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.
New!!: Lange model and Market economy · See more »
Market socialism
Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy.
New!!: Lange model and Market socialism · See more »
Means of production
In economics and sociology, the means of production (also called capital goods) are physical non-human and non-financial inputs used in the production of economic value.
New!!: Lange model and Means of production · See more »
Milton Friedman
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.
New!!: Lange model and Milton Friedman · See more »
Neoclassical economics
Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.
New!!: Lange model and Neoclassical economics · See more »
New Economic Mechanism
The New Economic Mechanism (NEM) was a major economic reform launched in the People's Republic of Hungary in 1968.
New!!: Lange model and New Economic Mechanism · See more »
Oskar R. Lange
Oskar Ryszard Lange (27 July 1904 – 2 October 1965) was a Polish economist and diplomat.
New!!: Lange model and Oskar R. Lange · See more »
Pareto efficiency
Pareto efficiency or Pareto optimality is a state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off.
New!!: Lange model and Pareto efficiency · See more »
The Portable Document Format (PDF) is a file format developed in the 1990s to present documents, including text formatting and images, in a manner independent of application software, hardware, and operating systems.
New!!: Lange model and PDF · See more »
Perfect competition
In economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition.
New!!: Lange model and Perfect competition · See more »
Poland
Poland (Polska), officially the Republic of Poland (Rzeczpospolita Polska), is a country located in Central Europe.
New!!: Lange model and Poland · See more »
Social dividend
The social dividend is the return on the capital assets and natural resources owned by society in a socialist economy.
New!!: Lange model and Social dividend · See more »
Socialist calculation debate
The socialist calculation debate (sometimes known as the economic calculation debate) was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods, and private ownership of the means of production.
New!!: Lange model and Socialist calculation debate · See more »
Socialist economics
Socialist economics refers to the economic theories, practices, and norms of hypothetical and existing socialist economic systems.
New!!: Lange model and Socialist economics · See more »
Soviet-type economic planning
Soviet-type economic planning (STP) is the specific model of centralized economic planning employed by Marxist-Leninist socialist states modeled on the economy of the Soviet Union.
New!!: Lange model and Soviet-type economic planning · See more »
The New Palgrave Dictionary of Economics
The New Palgrave Dictionary of Economics (2008), 2nd ed., is an eight-volume reference work on economics, edited by Steven N. Durlauf and Lawrence E. Blume and published by Palgrave Macmillan.
New!!: Lange model and The New Palgrave Dictionary of Economics · See more »
Vilfredo Pareto
Vilfredo Federico Damaso Pareto (born Wilfried Fritz Pareto, 15 July 1848 – 19 August 1923) was an Italian engineer, sociologist, economist, political scientist, and philosopher, now also known for the 80/20 rule, named after him as the Pareto principle.
New!!: Lange model and Vilfredo Pareto · See more »
Workplace democracy
Workplace democracy is the application of democracy in all its forms (including voting systems, debates, democratic structuring, due process, adversarial process, systems of appeal) to the workplace.
New!!: Lange model and Workplace democracy · See more »
X-inefficiency
X-inefficiency is the difference between efficient behavior of businesses assumed or implied by economic theory and their observed behavior in practice caused by a lack of competitive pressure.
New!!: Lange model and X-inefficiency · See more »
Redirects here:
Lange Model, Lange-Lerner theorem, Lange-Lerner-Taylor theorem, Lange–Lerner theorem, Lange–Lerner–Taylor theorem.
References
[1] https://en.wikipedia.org/wiki/Lange_model
