Editing Economic calculation problem (section)

== Implementation of central planning decisions ==
In ''[[The Road to Serfdom]]'', Hayek also argues that the central administrative resource allocation, which often must take away resources and power from subordinate leader and groups, necessarily requires and therefore selects ruthless leaders and the continued strong threat of coercion and punishment in order for the plans to be somewhat effectively implemented. This, in combination of the failures of the central planning, slowly leads socialism down the road to an oppressive dictatorship.<ref>{{cite book|last=Hayek|first=Friedrich|author-link=Friedrich Hayek|title=[[The Road to Serfdom]]|publisher=[[University of Chicago Press]]|edition=50th anniversary|date=1994|isbn=0-226-32061-8}}</ref> [[John Jewkes (economist)|John Jewkes]], at the same time, made a similar analysis in ''Ordeal by Planning''.

Central planning was also criticized by socialist economists such as [[Janos Kornai]] and [[Alexander Nove]]. [[Robin Cox]] has argued that the economic calculation argument can only be successfully rebutted on the assumption that a moneyless socialist economy was to a large extent spontaneously ordered via a self-regulating system of stock control which would enable decision-makers to allocate production goods on the basis of their relative scarcity using calculation in kind. This was only feasible in an economy where most decisions were decentralised.<ref>{{cite web|url=https://www.scribd.com/document/215256501/The-Economic-Calculation-Controversy-Unravelling-of-a-Myth|title=The Economic Calculation Controversy, Unravelling of a Myth|website=Scribd|access-date=5 June 2017}}</ref>