In the ongoing battle of ideology between capitalism and socialism, what do the outcomes say?
Socialism is, whether we like it or not, in the national dialogue. And there are numerous people who claim to be socialists who, nevertheless, have a hard time defining what socialism actually is. Socialism, in its purest form, indeed, has never been tried. But, by the same token, neither has undiluted capitalism. To understand which works better, we have to think about means and ends. Almost all of us want the same ends, but we disagree sharply as to the appropriate means. So how do we find the most efficient, humane means? Join Antony Davies and James Harrigan as they talk about this and more on this week’s episode of Words and Numbers.
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Quick hits
Sweden could launch its own cryptocurrency
www.businessinsider.com
People believe that companies make five times more profit than they actually do
www.aei.org
Foolishness of the Week
US News: Celebrate American Women’s Economic Freedom
Wall Street Journal: For Gender Equality, You Can’t Beat Capitalism
US News: We Need to Find the Right Mix of Government and Markets
Antony Davies: Equality, Liberty, Prosperity
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