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EconTalk · 2025-02-17 · 81 min · 13,757 words

Who Won the Socialist Calculation Debate (with Peter Boettke)

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Welcome to Econ Talk, Conversations for the Curious, part of the Library of Economics and Liberty. I'm your host, Russ Roberts of Shalem College in Jerusalem, and Stanford University's Hoover Institution. Go to econalk.org where you can subscribe, comment on this episode, and find links and other information related to today's conversation. You'll also find our archives with every episode we've done going back to 2006. Our email address is mail at econalk.org. We'd love to hear from you. Today is January twentieth, twenty twenty five, and my guest is Economist. Peter Betke of George Mason University. Our topic for today Is socialism and what is known as the socialist calculation debate.

We're going to base the conversation on Pete's book of the same title, the socialist calculation debate. That he has written with Rosalino Candela and Tegan Truitt. This is Pete's ninth appearance on the program. He was last year in May of twenty eighteen. discussing public administration, liberty and The proper role for government. Pete, welcome back to Econ Talk.

Thank you very much for having me. I'm thrilled to be here with you. So what is the socialist calculation debate? I just wanna say for listeners who who might think this is some ancient weird archaic Academic dispute. It is that.

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