AKIPRESS.COM - The fall of communism and attempted transition from plan to market in Central and Eastern Europe and across the former Soviet Union presented Austrian theorists with a challenge: while much work had been made of the problems of socialist calculation, how could an Austrian worldview encompass the change from a centralized state that ruined economies to a more laissez-faire world? And what would the societal impact be?Nearly 20 years after the Berlin Wall fell, mainstream economists continue to argue about transition economics, with some placing it in a subset of "development economics" (the same fad-driven subdiscipline that was responsible for encouraging socialism in the 1950s and '60s, and then shifted abruptly to encouraging different types of socialism in the 1980s)...