Oskar Lange
Oskar Lange
Oskar Ryszard Lange 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.
From *.wikipedia.org,
General Info
.
Male
Date of Birth
July 27th, 1904
Age
119
Birth Place
Poland, Łódź Voivodeship
Date of Death
October 2nd, 1965
Died Aged
61
Star Sign
Leo
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