Why Austrian Economics Matters (Chicago 2011)

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Socialism: Utopia and Reality

  • Why Austrian Economics Matters
April 14, 2011

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A defector from the Soviet Union, Yuri Maltsev knows that socialism is not better than communism.Intellectuals love socialism because they imagine themselves holding power. Communism, a utopia created by Marx, was intended to be classless with no money. Most people in the world today live under socialism.

High School Seminar in Chicago on 8 April 2011. Sponsored by Jeremy Davis.

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