Excursions into Socialist Calculation
from Cato Podcast
This is a sample of the Excursions podcast from Libertarianism.org. In this episode, George H. Smith discusses the marginal utility revolution in economic thought. This revolution provided the foundation for Ludwig von Mises's argument that rational economic calculation is impossible in a socialist economy.
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This episode is 12 minutes long.
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This episode was published on November 13, 2015.
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