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Debating Soviet Economic Growth in the 20th Century

Summary:
I am once again preparing for my graduate seminar in Comparative Economic Systems.  My research interests over the years has drifted from this core part of my research and teaching specialization.  It is not inaccurate to say that my research of late has been less economic history and comparative systems, and more history of economic thought, political economy, methodology and social philosophy.  But every time I return to my scholarly roots, I am fascinated by the issues raised, including measurement problems in economics. This is a nice short video by Ross Emmett on the issue from his days at Michigan State. On the particular debate he is discussing see the original book by G. Warren Nutter, and more recent discussions by David Levy and Sandra Peart in JEBO and in the RAE. More

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I am once again preparing for my graduate seminar in Comparative Economic Systems.  My research interests over the years has drifted from this core part of my research and teaching specialization.  It is not inaccurate to say that my research of late has been less economic history and comparative systems, and more history of economic thought, political economy, methodology and social philosophy.  But every time I return to my scholarly roots, I am fascinated by the issues raised, including measurement problems in economics.

This is a nice short video by Ross Emmett on the issue from his days at Michigan State.

On the particular debate he is discussing see the original book by G. Warren Nutter, and more recent discussions by David Levy and Sandra Peart in JEBO and in the RAE.

More recently, the work of Robert C. Allen and Sergei Guriev should be compared and contrasted.

Finally, and I am still working through this in my head, these issues are at the core of the forming of the Virginia School of Political Economy according to Levy and Peart, because they are embedded in the debate between Rutledge Vinning and T. Koopmans and the entire "measurement without theory" discussions.

So much to learn and digest and discuss and rethink.  How exciting is that, after more than 30 years of reading, writing and teaching foundational issues are still at play in understanding one of the largest social experiments in history of the century?!  

BTW, what do you think we will be talking about 60 years from now about Covid-19 -- the science, the political economy, the historical significance?!

Peter Boettke
Peter Joseph Boettke (January 3, 1960) is an American economist of the Austrian School. He is currently a University Professor of Economics and Philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.

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