All Articles tagged central planning

• Articles
  February 08, 2024 CDT
  Revisiting the Computation Problem
  Paul CwikLucas Engelhardt

  Could supercomputers solve central planners' distribution problem? Cwik and Engelhardt address questions about the algorithm and incorporate production into the problem, finding that modern supercomputers are still not adequate.

  Abstract
• Book Reviews
  February 23, 2023 CDT
  Book Review: Capitalism, Socialism and Property Rights: Why Market Socialism Cannot Substitute the Market
  Paul Cwik

  Paul Cwik reviews Machaj's new Capitalism, Socialism, and Property Rights, which benefits from the author's direct experience with a centrally planned economy and the subsequent transition to a market-based economy.

  Abstract
• Review Essays
  May 20, 2020 CDT
  Planned Economy and Economic Planning: What “The People’s Republic of Walmart” Got Wrong about the Nature of Economic Planning
  Márton Kónya

  Phillips and Rozworski's "The People's Republic of Walmart" argues that large firms like Walmart and Amazon are evidence that a collectively planned economy can work. Márton Kónya reveals their errors.

  Abstract