Socialist calculation debateThe socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods and private ownership of the means of production. More specifically, the debate was centered on the application of economic planning for the allocation of the means of production as a substitute for capital markets and whether or not such an arrangement would be superior to capitalism in terms of efficiency and productivity.
Calculation in kindNOTOC Calculation in kind or calculation in-natura is a way of valuating resources and a system of accounting that uses disaggregated physical magnitudes as opposed to a common unit of calculation. As the basis for a socialist economy, it was proposed to replace money and financial calculation. In an in-kind economy products are produced for their use values (their utility) and accounted in physical terms. By contrast, in money-based economies, commodities are produced for their exchange value and accounted in monetary terms.
Sha (Cyrillic)Sha or Shu (Ш ш; italics: Ш ш) is a letter of the Glagolitic and Cyrillic scripts. It commonly represents the voiceless postalveolar fricative /ʃ/. More precisely, the sound in Russian denoted by ш is commonly transcribed as a palatoalveolar fricative but is actually a voiceless retroflex fricative. It is used in every variation of the Cyrillic alphabet for Slavic and non-Slavic languages. In English, Sha is romanized as sh or as š, the latter being the equivalent letter in the Latin alphabets of Czech, Slovak, Slovene, Serbo-Croatian, Macedonian, Latvian and Lithuanian.
Economic calculation problemThe economic calculation problem (sometimes abbreviated ECP) is a criticism of using economic planning as a substitute for market-based allocation of the factors of production. It was first proposed by Ludwig von Mises in his 1920 article "Economic Calculation in the Socialist Commonwealth" and later expanded upon by Friedrich Hayek. In his first article, Mises described the nature of the price system under capitalism and described how individual subjective values (while criticizing other theories of value) are translated into the objective information necessary for rational allocation of resources in society.
Rusyn languageRusyn (ˈruːsᵻn; русиньскый язык; руски язик) is an East Slavic language spoken by Rusyns in parts of Central and Eastern Europe, and written in the Cyrillic script. Within the community, the language is also referred to by the older folk term, rusnac'kyj jazyk, or simply referred to as speaking our way (по-нашому). The majority of speakers live in an area known as Carpathian Ruthenia that spans from Transcarpathia, westward into eastern Slovakia and south-east Poland.
Ukrainian alphabetThe Ukrainian alphabet (abetka, azbuka alfavit) is the set of letters used to write Ukrainian, which is the official language of Ukraine. It is one of several national variations of the Cyrillic script. It comes from the Cyrillic script, which was devised in the 9th century for the first Slavic literary language, called Old Slavonic. In the 10th century, it became used in Kievan Rus' to write Old East Slavic, from which the Belarusian, Russian, Rusyn, and Ukrainian alphabets later evolved.
Leibniz's notationIn calculus, Leibniz's notation, named in honor of the 17th-century German philosopher and mathematician Gottfried Wilhelm Leibniz, uses the symbols dx and dy to represent infinitely small (or infinitesimal) increments of x and y, respectively, just as Δx and Δy represent finite increments of x and y, respectively. Consider y as a function of a variable x, or y = f(x).
Spectrum (functional analysis)In mathematics, particularly in functional analysis, the spectrum of a bounded linear operator (or, more generally, an unbounded linear operator) is a generalisation of the set of eigenvalues of a matrix. Specifically, a complex number is said to be in the spectrum of a bounded linear operator if either has no set-theoretic inverse; or the set-theoretic inverse is either unbounded or defined on a non-dense subset. Here, is the identity operator. By the closed graph theorem, is in the spectrum if and only if the bounded operator is non-bijective on .
Notation for differentiationIn differential calculus, there is no single uniform notation for differentiation. Instead, various notations for the derivative of a function or variable have been proposed by various mathematicians. The usefulness of each notation varies with the context, and it is sometimes advantageous to use more than one notation in a given context. The most common notations for differentiation (and its opposite operation, the antidifferentiation or indefinite integration) are listed below.
GoalA goal or objective is an idea of the future or desired result that a person or a group of people envision, plan and commit to achieve. People endeavour to reach goals within a finite time by setting deadlines. A goal is roughly similar to a purpose or aim, the anticipated result which guides reaction, or an end, which is an object, either a physical object or an abstract object, that has intrinsic value. Goal setting Goal-setting theory was formulated based on empirical research and has been called one of the most important theories in organizational psychology.
Mathematical notationMathematical notation consists of using symbols for representing operations, unspecified numbers, relations, and any other mathematical objects and assembling them into expressions and formulas. Mathematical notation is widely used in mathematics, science, and engineering for representing complex concepts and properties in a concise, unambiguous, and accurate way. For example, Albert Einstein's equation is the quantitative representation in mathematical notation of the mass–energy equivalence.
Goal settingGoal setting involves the development of an action plan designed in order to motivate and guide a person or group toward a goal. Goals are more deliberate than desires and momentary intentions. Therefore, setting goals means that a person has committed thought, emotion, and behavior towards attaining the goal. In doing so, the goal setter has established a desired future state which differs from their current state thus creating a mismatch which in turn spurs future actions.
