Ludwig Von Mises, F.A. Hayek and the Price Generation, Not Calculation, Debate

The problem economically with socialism is not calculation of given data, but the generation of the data that would be required, but does not yet exist.

The Beginning of the End

We’ve reached the end of the road and found that the people who must ultimately pay for unlimited government are us. And whether through taxes or inflation, pay we will.

Capitalism: Capital and Wages (3 of 3)

The capitalist system was termed “capitalism” not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

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