Production Theory

While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.

While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.

Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem.

Dedication to How to Think about the Economy: A Primer .

Part I: Economics, Chapter 2: Economic Theory

Part II: Market, Chapter 5: Production and Entrepreneurship

Part III: Intervention, Chapter 8: Monetary Intervention

Preface to How to Think about the Economy: A Primer .

Part I: Economics, Chapter 3: How to Do Economics

Part II: Market, Chapter 6: Value, Money, and Price