Quote of the day
The basis of tragedy is man's helplessness against disease, war and death; the basis of comedy is man's helplessness against vanity (the vanity of love, greed, lust, power).
Oskar R. Lange
Born: July 27, 1904
Died: October 2, 1965 (aged 61)
Bio: Oskar Ryszard Lange was a Polish economist and diplomat. He was most known for advocating the use of market pricing tools in socialist systems and providing a model of market socialism.
Known for:
- On the Economic Theory of Socialism
- Introduction to economic cybernetics
- Optimal decisions
- Papers in economics and sociology
- Political Economy (1963)