The candidates for the 2020 Democratic nomination are competing to offer the most statist agenda, with Crazy Bernie, Elizabeth Sanders, and Kamala Harris being obvious
What’s socialism? Is it the centrally planned economies of Cuba and North Korea? Or the kleptocracies of Zimbabwe and Venezuela? How about the interventionist welfare
As an economic system for a nation, socialism is a miserable failure. Especially real socialism (government ownership of the means of productions, government-dictated prices, etc).
Mises wrote this essay in 1940 from Geneva, where he lived after Nazis forced him out of Austria and his apartment was ransacked by German