Economic calculation and the limits of organization | Zendy

Peter G. Klein | Zendy

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Economic calculation and the limits of organization

Author(s) -

Peter G. Klein

Publication year - 1996

Publication title -

the review of austrian economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.392

H-Index - 32

eISSN - 1573-7128

pISSN - 0889-3047

DOI - 10.1007/bf01103327

Subject(s) - scope (computer science) , public finance , argument (complex analysis) , neoclassical economics , work (physics) , economics , austrian school , scale (ratio) , positive economics , public economics , economic system , engineering , macroeconomics , geography , computer science , mechanical engineering , biochemistry , chemistry , cartography , programming language

Conclusion The purpose of this paper has been to highlight some Austrian contributions to the theory of the firm and to suggest directions for future research along the same lines. In particular, Rothbard's argument about the need for markets in intermediate goods, and how that places limits on the scale and scope of the organization, deserves further development. This may be a more fruitful exercise than some work in the alternative Austrian traditions.

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