Excursions, Ep. 71: Ludwig von Mises and Economic Calculation Under Socialism, Part 2
Channel: Libertarianism.org
Date: 09/12/2015

George H. Smith explains why Mises predicted that “planned chaos” would emerge in a socialist economy and how F.A. Hayek elaborated on that insight.

Narrated by Terence West.

Read this essay: http://bit.ly/1OixY92
Download the .mp3: http://bit.ly/1Q0h6tR