Socialism

Pennsylvania is telling hospitals to distribute covid-19 drugs based on race. Those from "disadvantaged communities" get the drugs first.

Market knowledge is generated in individual transactions and by entrepreneurial drive. No amount of technology can replace the market process.

For the foreseeable future, war between Armenia and Azerbaijan will be on the table, occasionally turning hot, just as it has in the last weeks. This conflict has no peaceful solution possible other than the one offered by Ludwig von Mises.

We need both prices and entrepreneurs to have a functioning and prosperous marketplace. Under socialism, though, we have none of the above.

Eastman saw Lenin as a dogmatist guilty of great crimes, and socialism a recipe for disaster. Reflections on the Failure of Socialism is the record of his insightful assault on socialism and his defense of the free market.

Pennsylvania is telling hospitals to distribute covid-19 drugs based on race. Those from "disadvantaged communities" get the drugs first.

The global "elites" of the World Economic Forum seek a "Great Reset" that will usher in a new and far more powerful technocracy defined by central planning and the end of freedom as we know it.

Today's anticapitalists fall into a familiar pattern pioneered by Mussolini and Giovanni Gentile.

Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money.  

The global "elites" of the World Economic Forum seek a "Great Reset" that will usher in a new and far more powerful technocracy defined by central planning and the end of freedom as we know it.