Displaying 21 - 30 of 509

Economic Calculation Is Nonbinary

SocialismCalculation and KnowledgeEntrepreneurshipPraxeology


Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes.

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Real Progress versus the Progressives

The EnvironmentProgressivismSocialismWorld History


Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.

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The British NHS More Resembles a Statist Cult Than Advanced Healthcare



The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time.

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Socialism Cannot Work, Not Even in an AI-Driven Economy

Free MarketsSocialismMonopoly and Competition


Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.

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What Marxists Say about "Market Socialism"

Economic FreedomEconomic PolicyHayekSocialismCalculation and KnowledgePhilosophy and Methodology


Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.

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The Cost of College and Accompanying Student Debt Create a Negative Social ROI

Economic PolicyEducationSocialismU.S. Economy


Student debt is a huge social problem, but the reason is that higher education costs themselves have become a major problem and are a financial burden whose costs outweigh its benefits.

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Modern Socialism Is Forced Socialization

Bureaucracy and RegulationPaternalismProgressivismSocialism


Modern socialism is based upon state interference in normal human relationships, economic and otherwise. It is as disastrous as the older state-planning model.

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How East Germany's Stasi Perfected Mass Surveillance

Big GovernmentBureaucracy and RegulationSocialismWar and Foreign PolicyWorld History


The East German secret police, the Stasi, developed the art of mass surveillance using pre-digital  methods. Modern tech now makes the job a lot easier. 

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Bidenomics Is Yet Another Version of Failed Industrial Policy

Economic PolicyProgressivismSocialismU.S. Economy


President Biden announced recently to much fanfare that his administration will transform the US economy through central planning. This does not end well.

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The Soviet Abuse of Indigenous Peoples

SocialismThe Police StateWorld History


Socialists and communists claim to support the rights of "indigenous" peoples. However, that support rings hollow given how the USSR abused the native peoples of Siberia, all while American socialists and communists uncritically supported the Soviet Union.

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