Communism

Among the Intellectualoids

The Worst Idea in the World

By 2.5.14

Five years after the Bolshevik Revolution, Austrian economist Ludwig von Mises predicted that the Soviet project was doomed to fail. In his classic work Socialism, Mises explained that the attempt to replace the market system with central economic planning could not succeed, because the planners could not possibly have the information necessary to make all the decisions which, in a market economy, are made by individuals whose needs and desires are reflected in prices: "The problem of economic calculation is the fundamental problem of Socialism."

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CEI Takes Down Myth that Choice Prevents Social Change

By on 6.29.11 | 2:27PM

I wrote about Renata Salecl's ridiculous RSA Animate video claiming that we are less free when provided with options, but Lee Doren of the Competitive Enterprise Institute goes much further, creating a step-by-step takedown. Watch and enjoy:

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At Large

China Confidential

By 10.16.09

For all its recent material success China can't come to grips with the ineptness of its governance.
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Media Matters

Pancake Red Stone

By 4.24.09

When it came to the Soviet Union, the journalist I.F. Stone wasn't so independent.
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Political Hay

Anatomy of a Scandal

By 10.14.08

The scarlet thread connecting Obama, ACORN, the Democrats, and your money.
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