Ludwig Von Mises published Socialism: An Economic and Sociological Analysis in 1951. His warnings are just as apt as they were then. Socialists will tell you that "real socialism has never been tried". But even if we accept that as true, one can readily see that 'almost' socialism has plunged entire nations into death and despair. So when Americans like Robert Reich advocate for even just a few more socialized government programs, you ought to have the same visceral reaction you would if he were advocating another Holocaust.
Here's a selection of what Mises had to say:
"The socialist idea dominates the modern spirit. The masses approve of it, it expresses the thoughts and feelings of all; it has set its seal upon our time. When history comes to tell our story it will write above the chapter ‘The Epoch of Socialism’.
As yet, it is true, Socialism has not created a society which can be said to represent its ideal. But for more than a generation the policies of civilized nations have been ...
Jack and I talk about the state of state education, what's wrong with it and what can be done differently.
Help support Jack's new comic at https://www.indiegogo.com/projects/voluntaryist-suit-saga-ii/x/38177686#/
The second locals exclusive mini-episode is here! Dave Smith has said he will be voting for Trump-- what do we think about it? And taking some cues from George Carlin, find out whether or not you have my permission (not that anyone asked or needed it) to cast a ballot!
I break down Eric's episode of Modern Wisdom where he discusses the international world order and what its unraveling might mean for the world-- including a core disagreement on whether that order should continue.
Modern Wisdom episode: https://www.youtube.com/watch?v=PYRYXhU4kxM
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This was a really good one. Andrew is a total pro-- and I felt very inadequate talking to him. Listening back, I realize I missed a few cues I should have picked up on and could have made the flow much better.
But I love the things Heaton shared. Some advice for libertarians, how to understand people we disagree with. This is really what I need to get back to focusing on with the show.
People are not rational, they're rationalizing. And they would rather be accepted by their tribe than be correct. Andrew gives some advice for how to understand political feuds when they seem to make little to no logical sense.
Mark and I look at the arguments for and against simulation theory. Are we living in one? Can we hack it? Can we break out of it? How does AI play into it? Listen and find out!
Econ Bro joins me from his home country Nigeria, where he is working diligently to teach people about economics and help turn around the abysmal conditions brought about by fiat money inflation and corrupt government. (It might sound a bit too familiar for the Western audience)
It turns out that no matter where you are, people always want to know "who will build the roads?" These utilitarian arguments, Econ Bro finds more useful than discussing the ethics of libertarianism/anarchy. Enjoy!
We talked about the LA fires, the woke elements and got into some economic questions. I needed the practice going off the cuff, I think I'm getting a little bit better.