The Left makes excuses for Venezuela, college students wear Che Guevara shirts, and polls show growing support for socialism among millennials. Our friend Yuri Maltsev, a Soviet expat with no illusions about the real nature of state planning, joins the show to explain why (deluded and rich) western progressives, academics, elites, and media won't let go of their socialist project.
Yuri N. Maltsev, Senior Fellow of the Mises Institute and professor of economics at Carthage College, worked as an economist on Mikhail Gorbachev's economic reform team before defecting to the United States in 1989. He has testified before the US Congress and appeared on CNN, PBS News Hour, C-Span, CBC, and other American, Canadian, Spanish, South African, and Finnish television and radio programs. He has authored and co-authored fifteen books and numerous articles. He is a recipient of the Luminary Award of the Free Market Foundation.