Quote of the day
Like stones rolling down hills, fair ideas reach their objectives despite all obstacles and barriers. It may be possible to speed or hinder them, but impossible to stop them.
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)