Object structure


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A comment on the concept of desire satisfaction and the Mises-Hayek dehomogenization debate


Wiśniewski, Jakub Bożydar

Subject and Keywords:

calculation debate ; comparative economic systems ; desire satisfaction ; dispersed information ; entrepreneurship ; intellectual division of labor ; knowledge problem


Od 2013 pt.: Ekonomia - Wroclaw Economic Review


One of the cornerstones of the science of economics in its post-marginalist-revolution period is the realization that the necessity of “economizing” — i.e., maximizing individual desire satisfaction whilst minimizing the exploitation of productive resources — stems from the fact that the said resources are not suffi cient to satisfy all of the desires entertained by the totality of purposive agents. In this essay I suggest that in order to paint an accurate picture of human psychology, the desires in question should be thought of as unsatisfi able rather than unlimited. Furthermore, I propose that this observation provides yet another avenue for making a cogent analytical distinction between Hayek’s “knowledge problem” and Mises’ “calculation problem”, i.e., it allows for further elucidating the nuanced differences between these two authors’ views on the effi ciency (or lack thereof) of centrally planned economies, thus making a contribution to what has become known as the “dehomogenization debate” within the Austrian School

Place of publishing:



Wydawnictwo Uniwersytetu Wrocławskiego


Machaj, Mateusz. Red. ; Kwaśnicki, Witold. Red. ; Dybał, Mariusz. Red.

Date issued:



ISSN 2084-4093




Acta Universitatis Wratislaviensis, ISSN 0239-6661 ; no 3666. Ekonomia, ISSN 2084-4093 ; 21/1, s. 63-68

Is version of:

Czasopisma Naukowe w Sieci (CNS)

Rights holder:

Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o., Wrocław 2015

Autor opisu:

WR U/PAdjm