Lecture series · recorded 2008
Economic Calculation In The Socialist Commonwealth
Economic Calculation In The Socialist Commonwealth is a free lecture series (8 recordings, 2 hours) you can stream or download at freecapitalists.org, with 2 speakers.
This is the essay that overthrew the socialist paradigm in economics, and provided the foundation for modern Austrian price theory. When it first appeared in 1920, Mises was alone in challenging the socialists to explain how their pricing system would actually work in practice. Mises proved that socialism could not work because it could not distinguish more or less valuable uses of social resources, and predicted the system would end in chaos. The result of his proof was the "socialist calculation" debate. This audio book is narrated by Gennady Stolyarov II.
Read the book: Economic Calculation in the Socialist Commonwealth by Ludwig von Mises, free to download here.
Cover painting: Otto Neurath directs Bavaria's central planning office under a red flag, Munich, 1919. See every painting in the art gallery.
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01
3:15 Download MP3
Introduction
Read the transcript 452 words
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02
12:11 Download MP3
I. The Distribution of Consumption Goods in the Socialist Commonwealth 2008
From Economic Calculation In The Socialist Commonwealth. Pages 3-10 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics OverviewOther Schools of ThoughtValue and Exchange
Read the transcript 1,937 words
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03
25:58 Download MP3
II. The Nature of Economic Calculation 2008
From Economic Calculation In The Socialist Commonwealth. Pages 10-26 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics OverviewCalculation and KnowledgeOther Schools of Thought
Read the transcript 4,155 words
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04
12:05 Download MP3
III. Economic Calculation in the Socialist Commonwealth 2008
From Economic Calculation In The Socialist Commonwealth. Pages 26-33 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics OverviewCalculation and KnowledgeOther Schools of Thought
Read the transcript 1,702 words
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05
11:07 Download MP3
IV. Responsibility and Initiative in Communal Concerns 2008
From Economic Calculation In The Socialist Commonwealth. Pages 33-40 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics OverviewOther Schools of ThoughtProduction Theory
Read the transcript 1,715 words
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06
11:25 Download MP3
V. The Most Recent Socialist Doctrines and the Problem of Economic Calculation 2008
From Economic Calculation In The Socialist Commonwealth. Pages 40-47 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics OverviewOther Schools of ThoughtGlobal Economy
Read the transcript 1,665 words
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07
4:08 Download MP3
Conclusion 2008
Pages 48-50 in the text, as narrated by Gennady Stolyarov II.
Austrian Economics Overview
Read the transcript 575 words
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08
38:54 Download MP3
Why a Socialist Economy is "Impossible" 2008
This is the Postscript to Economic Calculation in the Socialist Commonwealth (pp. 51-71) by Ludwig von Mises. Narrated by Gennady Stolyarov II.
Austrian Economics OverviewCalculation and KnowledgeOther Schools of Thought
Read the transcript 4,793 words
People in this series
Speakers
Recording dates, summaries and topics for 7 of these 8 lectures come from the Mises Institute's page for Economic Calculation In The Socialist Commonwealth, checked 2026-09-27.
Community
Discussed on the forum
Threads on Mises Community, this archive's companion forum, whose titles name this course. These are reader conversations, not part of the archive.
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New Audiobook: "Economic Calculation in the Socialist Commonwealth" by Ludwig von MisesDormant
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Economics Questions
Questions
About this series
- Is Economic Calculation In The Socialist Commonwealth free to listen to?
- Yes. All 8 mirrored recordings stream in the browser or download as audio, at no cost and with no signup.
- How long is Economic Calculation In The Socialist Commonwealth?
- 8 recordings, 2 hours in total.
- When was Economic Calculation In The Socialist Commonwealth recorded?
- 2008, per the recording dates recovered for this series.
- Is the book behind Economic Calculation In The Socialist Commonwealth available here?
- Yes. Economic Calculation in the Socialist Commonwealth by Ludwig von Mises is in this archive as a free download, on its own page.
- Is there a transcript of Economic Calculation In The Socialist Commonwealth?
- Yes. Every lecture in the series has one, 16,994 words in total, free to read on each lecture's page and searchable in the browser.
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