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Oskar Lange

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Polish economist (1904-1965)

AcademicsLived 1904 to 1965 · aged 61
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Fame52.5
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Languages24
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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.

Also inDeutsch

Photos 5

Awards 5

1962doctor honoris causa from the University of Dijon
1938Fellow of the Econometric Society
Order of the Builders of People's Poland
Commander of the Order of Polonia Restituta
Medal of the 10th Anniversary of People's Poland

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About this person

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.

Category
Academics
Type
Academic
Status
deceased
Dates
Lived 1904 to 1965 · aged 61
Written about in
24 languages

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