What if business could not calculate profit or loss? What if there were no market prices available to permit such calculations? What if there were no private property in the means of production to form the basis of market exchanges from which such prices emerge?
That is the world that socialism creates, and it yields nothing but chaos. Planners grope in the dark for guidance and end up killing not only efficiency but human initiative and freedom. Socialism can't calculate, and, because it cannot, it destroys civilization.
In tribute to this truth, so magnificently demonstrated by Ludwig von Mises in 1920--to the shock and horror of the socialists of the world--we offer the Mises Institute calculator with the following words: Socialism Can't Calculate.
We promise you that there is nothing else like it in the world. We toyed with the idea of making the calculations turn out incorrect, but rejected this idea in the name of making something useful that also makes a hugely important point.
This slim, sleek, product is in Silver/White Cool metallic color, reminiscent of iPods, and matching color numbers. It features an 8-digit display and automatic shut-off. Includes one button-cell battery (inserted). Size: 3-5/8" x 2-1/4" x 3/8"