Member Post

 

“Among the most important articles ever written in economics is Ludwig von Mises’s 1920 paper “Die Wirtschaftsrechnung im sozialistischen Gemeinwesen” – which is normally translated as “Economic Calculation in the Socialist Commonwealth.” In this paper Mises argued that socialism will not only fail to achieve improved living standards for ordinary people, it will impoverish them. Inevitably. […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

There are 17 comments.
But you can't read them because you're not signed in!

Become a member to read the comments and join the conversation. Or sign in if you're already a member.