Mises’s price-based rebuttal of planning opened the Vienna planned-economy debate

Evidence

The refutation of Neurath’s scheme published in 1920 by Mises triggered the Planwirtschaft (planned economy) debate in Vienna, wherein Mises argued that economic calculation was naive and unmanageable without the indispensable role of prices as signals of the relative value of factors of production. Against Neurath’s desire to institute a scientific management of the economy, Mises claimed that the complexity of the economic system made its apprehension in one mind or place so difficult as to be near impossible. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 58

Categorization

• ADDENDUM: This is core to the reader’s map of how socialist calculation critique was actually born out of a specific Vienna debate against a positivist planned-economy advocate — the kind of concrete historical origin that fracturing the caricature of ‘neoliberalism as simple free-market dogma’ requires.
• XREF: connects to: Mises argued socialism cannot price production goods without a market — Angus Burgin, The Great Persuasion: Reinventing Free…, 61; Mises framed the socialist calculation debate at world, not national, scale — Quinn Slobodian, Globalists: The End of Empire and the…, 361; A planned-economy socialist shared the same seminar table as Mises and Schumpeter — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 57 (+1 more)

Broader Connections

• Mises launched the socialist calculation debate against Austro-Marxists and scientific Marxism #expands (0.92) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 101