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Bruno Leoni and the Socialist Economic Calculation Debate

Ferlito, Carmelo (2013): Bruno Leoni and the Socialist Economic Calculation Debate. Published in: Procesos de Mercado: Revista Europea de Economía Política , Vol. X, No. 1 (31 March 2013): pp. 37-64.

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Abstract

The Italian contribution to the Socialist Economic Calculation Debate (SECD) cannot be limited to the important and fundamental works by Pareto and Barone. In fact, if their contributions are still ambiguous and we have to wait for the Mises’ paper in 1920 in order to get the needed clarifications, during the 1960s Bruno Leoni follows the Austrian footsteps on the topic, stimulating in Italy a great debate. Bruno Leoni’s role is important because of the debate he promotes and the scholars he involves, but also because he places the matter of the socialist economic calculation in the broader context of the rule of law.

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