Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
When Eastern Europe broke free in 1989, we all realized just how little thought had been given to the transition from socialism to capitalism. Mises had told us the collapse was coming, and we should have been prepared. As America comes to resemble a command economy, we need a transition plan here too. Yuri Maltsev proposed a “One- Day Plan” for