Why Not Socialism?
With apologies to G.A. Cohen, I offer a few responses in this video:
Topic
socialism
A collection of 3 issues
This Time Isn't Different
Note: This essay was originally published at my personal blog, A Fuller's Soap, and at The Independent Institute.
William F. Buckley once defined a conservative as “Someone who stands athwart history, yelling Stop.” With apologies to Buckley, we might define an economist as someone who stands athwart the
Socialism's Quality Quandary
Unless you live under a rock, you know the quality of goods under socialism was bad.
But you might not be aware that this presents something of a puzzle. Why is the average quality of consumer goods so bad under central planning?
For a peak behind the (iron) curtain, see