"Economic Calculation in the Socialist Commonwealth" is an essay by Austrian School economist Ludwig von Mises. Its critique against economic calculation in a planned economy triggered the decades-long economic calculation debate. The article was first published 1920 in German under the title " Die Wirtschaftsrechnung im sozialistischen Gemeinwesen " It is based on a lecture Mises gave in 1919 as a response to a book by Otto Neurath arguing for the feasibility of central planning. Mises argued t