The First Socialists: The Saint-Simonians and the Utopians
While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.
While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.
Presented at Mises University 2020.
While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.
Keynes's "greatest achievement," according to his admirers, was his famous "refutation" of Say's law. Yet Say's law actually remains more relevant than ever.
Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.
In this sweeping but brief history of classical liberalism, historian Ralph Raico recounts how this ideology has for centuries formed the only true intellectual opposition to despots and socialists over the past five hundred years.
Bad theories have a long life in the social sciences, and the crude quantity theory of money is one that refuses to go away.