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Socialism Fails (and We Know Why Exactly)

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Economists have long argued against socialism, with expert work from eminent figures such as Fredéric Bastiat, Eugen von Böhm-​Bawerk, Yves Guyot, Ludwig von Mises and F. A. Hayek. But the meaning of that work has often been disputed. This tells an interesting story of keeping today’s economists’ feet to the fire:

https://​youtu​.be/​7​u​s​X​AX2aCqc

 

 

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