Essay from the year 2015 in the subject Economics - History, University Witten/Herdecke (Wirtschaftswissenschaften), language: English, abstract: Friedrich August von Hayek is well known as a rigor criticizer of market socialism. His contribution to the socialist calculation debates was difficult, to interpret for modern information theorists and mechanism design theorists. In this regard, many theorists have misunderstood Hayek ́s contribution to the socialist calculation debate until today. Therefore, the question still arises: Did modern theorists really misunderstand Hayek ́s...