A social and political system structured around a classless society, common ownership of the factors of production, free access to consumption goods, and the end of wage labor and property rights.
C. Bradley Thompson - "Why Marxism?"
Peter Boettke - What Have We Learned from the Collapse of Communism
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Central planning can't deliver resources efficiently because it ignores the full complexity of the price system.Alex Salter lays it out.
She got it right when others got it wrong.
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Whatever one thinks of Ayn Rand as a novelist, it is fair to say that her books contain a great deal of sophisticated political and economic thinking.
A tale of two books.
DECEMBER 16, 2011 by SHELDON RICHMAN
I'm inclined to think of George Orwell and F. A. Hayek at the same time. Both showed great courage in writing the truth, undaunted by the consequences awaiting them. Both valued freedom, though they understood it differently.
MULTIMEDIA - AUDIO
JANUARY 19, 2010 by F. A. HAYEK
It wasn't the workers and peasants who gave the world the total state.