Oskar R. Lange

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Oskar R. Lange was a prominent Polish economist and a key figure in the development of socialist economic theory. He is perhaps best known for his work on the economic theory of socialism, where he contributed significantly to the dialogue surrounding the role of government in economic systems. Lange's ideas on the functioning of planned economies were influential during the mid-20th century, particularly in shaping discussions on how socialist economies could operate efficiently while still maintaining control over production and resource allocation.

In addition to his theoretical contributions, Lange was an advocate for the use of mathematical methods in economics, often referred to as economic cybernetics. He believed that applying these methods could enhance the planning process in socialist economies. His insights and publications, including influential texts like "On the Economic Theory of Socialism," have left a lasting legacy in economic thought, influencing both scholars and policymakers in the field of economics.