Vox:
Considering that it was some 89 years ago that Ludwig von Mises first demonstrated the Impossibility of Socialist Calculation, it's stunning to observe that Americans are collectively dumb enough to intentionally repeat one of Mankind's greatest economic blunders.
It's not just the Americans.
ReplyDeleteIt seems like the entire world is consumed by lunacy.
BUT....
It isn't.
The whole thing is orchestrated.
Has been for decades.
Understanding this precedes correction and scourging of the guilty, and that includes universities who teach crap.
For a small part of the story.........
ReplyDelete"How the Chicago Boyz Wrecked the Economy"