November 29, 2016

How Don Lavoie Changed the Debate about Socialism and Central Planning

Peter J. Boettke

Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

Christopher Coyne

Associate Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

In the height of the Cold War, George Mason University economist Don Lavoie published 2 books, Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered (Cambridge University Press, 1985) and National Economic Planning: What Is Left? (Cato Institute, 1985). 

In this video, Hayek Program Director Peter Boettke and Associate Director Christopher Coyne discuss how these books changed mainstream thinking about socialism and central planning. 

Additionally, the Mercatus Center's Advanced Studies in Political Economy book series has made these two books available to a new generation of scholars.