Quarterly Journal of Austrian Economics
Author:
Frank Hefner
Douglas P. Woodward
Online Publish Date:
Volume 2, No. 2 (Summer 1999) The transition from central planning to market-oriented economies in Eastern and Central Europe provides a fascinating laboratory for research in economic theory and business practice. With the collapse of communism, the inefficiencies of centralized planning have been laid bare. The classic debates between Mises and