Was browsing LibGen for cool books, when I came across From Marx to Mises: Post Capitalist Society and the Challenge of Economic Calculation. It’s blurb reads:

In 1920, Ludwig von Mises proclaimed that all attempts to establish socialism would come to grief, for reasons of informational efficiency. At first, socialists and economists took Mises’s argument seriously, but by the end of the Second World War, a consensus prevailed that Mises had been discredited. More recently, that consensus has been rapidly reversed: it is now widely agreed that ‘Mises was right’. Yet the momentous implications of the Mises argument - for economics, politics, culture, and philosophy - remain largely unexplored. From Marx to Mises is a clear, penetrating exposition of the economic calculation debate, and a scrutiny of some of the broader issues it raises.

What’s this “informational efficiency” that Mises talks about? I know one option is to just read the book but I don’t wanna tbh. So I’m turning to the Hex.

Apparently the author was a member of the Socialist Party of Great Britain for a decade but “In 1970, he became aware of the historical debate over economic calculation and between 1970 and 1973 underwent an intellectual conversion from SPGB Marxism to libertarianism.”

I just wanna understaaaaaaaaand…