https://www.youtube-nocookie.com/embed/iYq4n2dIz7M
Further reading:
Economic Calculation in the Socialist Commonwealth by Ludwig von Mises
The Equations of Mathematical Economics and the Problem of Economic Calculation in a Socialist State by Ludwig von Mises
Socialism, Economic Calculation and Entrepreneurship by Jesús Huerta de Soto
Economic Calculation in the Socialist Society by Trygve J.B. Hoff
Central Planning's Computation Problem by Lucas Engelhardt
Revisiting the Computation Problem by Paul Cwik & Lucas Engelhardt
Economic Calculation in Light of Advances in Big Data and Artificial Intelligence by Karras J. Lambert & Tate Fegley
Further resources on the economic calculation problem:
The Great Mises-Hayek Dehomogenization/Economic Calculation Debate compiled by Stephan Kinsella
Further resources on socialism:
Socialism: An Economic and Sociological Analysis by Ludwig von Mises
Dialectical Materialism by Ludwig von Mises (Chapter 7 in Theory and History)
Marxist Dreams and Soviet Realities by Ralph Raico (Chapter 4 in Great Wars and Great Leaders: A Libertarian Rebuttal)
Requiem for Marx edited by Yuri N. Maltsev
The Marxian System by Murray N. Rothbard (Chapters 12–13 in An Austrian Perspective on the History of Economic Thought, Volume II: Classical Economics)
Böhm-Bawerk’s Critique of the Exploitation Theory of Interest by Robert P. Murphy
Calculation and Coordination: Essays on Socialism and Transitional Political Economy by Peter J. Boettke
Between Immorality and Unfeasibility: The Market Socialist Predicament by David Ramsay Steele
The Socialist Tradition: Moses to Lenin by Alexander Gray
Alienation and the Soviet Economy: The Collapse of the Socialist Era by Paul Craig Roberts
The Black Book of Communism: Crimes, Terror, Repression by Stéphane Courtois, Nicolas Werth, Jean- Louis Panné, Andrzej Paczkowski, Karel Bartošek & Jean-Louis Margolin
The Harvest of Sorrow: Soviet Collectivization and the Terror-famine by Robert Conquest
See also:
A Critical Bibliography on Socialism
Anarcho-Communism by Murray N. Rothbard (Chapter 12 in Egalitarianism as a Revolt Against Nature, and Other Essays)
