Oskar R. Lange

Oskar R. Lange
Oskar Lange
Born27 July 1904
Died2 October 1965(1965-10-02) (aged 61)
NationalityPolish
EducationUniversity of Kraków
Academic career
FieldPolitical economy, Sociocybernetics
School or
tradition
Neo-Marxian economics[1]
Influences
ContributionsLange model
Market socialism
Theorems of welfare economics

Oskar Ryszard Lange (27 July 1904 – 2 October 1965) 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.[2] 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.[3] 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.[4]

Tomaszów Mazowiecki, Farbiarska 7 Street - place of birth
I Lyceum in Tomaszów Mazowiecki, Lange's secondary school
  1. ^ Bruce Williams, Making and Breaking Universities, Macleay Press, p. 103.
  2. ^ Thadeusz Kowalik, [1987] 2008. "Lange, Oskar Ryszard (1904–1965)", The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
  3. ^ "Oskar Ryszard Lange". Econlib. Retrieved 2019-04-17.
  4. ^ Witold Gadomski, Rynek trzyma smycz [Gadomski o książce Belki] (The market holds the leash [Gadomski about Belka's book]). 11 June 2016. Rynek trzyma smycz. wyborcza.pl. Retrieved 26 June 2016.