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Oskar Lange monument at the Wrocław University of EconomicsOscar Ryszard Lange (born on July 27, 1904 in Tomaszów Mazowiecki, Poland - October 2, 1965 in London, United Kingdom) was a Polish economist and diplomat.
He was an advocate of using market tools (especially the neoclassical pricing theory) in economic planning of socialism and communism. He also worked on integrating classical and neoclassical economics into a single theoretical structure. In terms of economic philosophy, he is sometimes considered to be a "market socialist".
He is probably most known for his work On the Economic Theory of Socialism published in 1936.
Lange was a professor at the University of Chicago from 1938.
He served as a go-between for F.D. Roosevelt and Joseph Stalin during the post-war discussion on Poland.
He was Polish ambassador in USA from 1946 to 1947.
One of the Polish universities is named after him: Akademia Eknomiczna we Wroclawiu im. Oskara Lange.
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Bibliography
- "The Determinateness of the Utility Function", 1934, RES.
- "Marxian Economics and Modern Economic Theory", 1935.
- "The Place of Interest in the Theory of Production", 1936, RES
- "On the Economic Theory of Socialism, 1936, RES.
- "On the Economic Theory of Socialism, I & II", 1936, 1937.
- On the Economic Theory of Socialism, 1938.
- "The Rate of Interest and the Optimum Propensity to Consume", 1938, Economica
- "Saving and Investment: Saving in process analysis", 1939, QJE
- "Is the American Economy Contracting?", 1939, AER
- "Complementarity and Interrelations of Shifts in Demand", 1940, RES
- "Theoretical Derivation of the Elasticities of Demand and Supply: the direct method", 1942, Econometrica
- "The Foundations of Welfare Economics", 1942, Econometrica
- "The Stability of Economic Equilibrium", 1942, Econometrica.
- "Say's Law: A restatement and criticism", 1942, in Lange et al., ors, Studies in Mathematical Economics.
- "A Note on Innovations", 1943, REStat
- "The Theory of the Multiplier", 1943, Econometrica
- "Strengthening the Economic Foundations of Democracy", with Abba Lerner, 1944, American Way of Business.
- Price Flexibility and Employment, 1944.
- "The Stability of Economic Equilibrium" (Appendix of Lange, 1944)
- "The Rate of Interest and the Optimal Propensity to Consume" 1944, in Haberler, or, Readings in Business Cycle Theory.
- "The Scope and Method of Economics", 1945, RES.
- "Marxian Economic in the Soviet Union", 1945, AER
- "The Practice of Economic Planning and the Optimum Allocation of Resources", 1949, Econometrica
- "The Economic Laws of Socialist Society in Light of Joseph Stalin's Last Work", 1953, Nauka Paulska (repr. IER, 1954).
- The Political Economy of Socialism, 1958.
- Introduction to Econometrics, 1958.
- Political Economy, 1959.
- "The Output-Investment Ratio and Input-Output Analysis", 1960, Econometrica
- Theories of Reproduction and Accumulation, 1961
- Economic and Social Essays, 1930-1960, 1961.
- Economic Development, Planning and Economic Cooperation, 1963.
- Essays on Economic Planning, 1963.
- Optimal Decisions: principles of programming. 1964.
- Wholes and Parts: A general theory of system behavior. 1965
- "The Computer and the Market", 1967, in Feinstein, or, Socialism, Capitalism and Economic Growth.
- Introduction to Economic Cybernetics, 1965.