Oskar R. Lange
Polish economist and diplomat (1904–1965) / From Wikipedia, the free encyclopedia
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Oskar Ryszard Lange (27 July 1904 – 2 October 1965) was a Polish economist and diplomat. He is best known for advocating the use of market pricing tools in socialist systems and providing a model of market socialism.[2] He responded to the economic calculation problem proposed by Ludwig von Mises and Friedrich Hayek by claiming that managers in a centrally-planned economy would be able to monitor supply and demand through increases and declines in inventories of goods, and advocated the nationalization of major industries.[3] During his stay in the United States, Lange was an academic teacher and researcher in mathematical economics. Later in socialist Poland, he was a member of the Central Committee of the Polish United Workers' Party.[4]
Oskar R. Lange | |
---|---|
Born | 27 July 1904 |
Died | 2 October 1965(1965-10-02) (aged 61) |
Nationality | Polish |
Education | University of Kraków |
Academic career | |
Field | Political economy, Sociocybernetics |
School or tradition | Neo-Marxian economics[1] |
Influences | |
Contributions | Lange model Market socialism Theorems of welfare economics |