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'''Oskar Lange''' was an | {{Infobox politician|name=Oskar Lange|birth_name=Oskar Ryszard Lange|birth_date=27 July 1904|birth_place=Tomaszów Mazowiecki, Congress Poland|death_date=2 October 1965|death_place=London, United Kingdom|nationality=Polish|political_orientation=Marxism-Leninism|political_party=Polish United Workers' Party|image=File:Oskar Lange 20-65.png}} | ||
'''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. 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. 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. |
Latest revision as of 01:16, 26 June 2023
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. 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. 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.