FROM MARX TO MISES - POST-CAPITALIST SOCIETY AND THE CHALLANGE OF ECONOMIC CALCULATION - STEELE,DR

David Ramsay Steele's From Marx to Mises argues correctly that the sta ndard account of the economic calculation debate is a misrepresentatio n. Mises and Hayek were not bested by Lange and Taylor. However, it is not true, as Steele claims, that socialists have yet to face the Mise sian challenge, nor that the debate over socialist calculation sheds m uch light on the recent collapse of communism. Steele's critiques of m arket socialism and worker self-management and his treatment of Marx a re, moreover, deficient,as a consequence of his ''Libertarian Pangloss ism.''