September 28, 2015

Why Socialism Can't Make a Sandwich

(Steven Hayward) Last month I took note of the curious fact that many people find Friedrich Hayek's classic 1945 essay "The Use of Knowledge in Society" difficult or opaque at first, including even economic geniuses like Thomas Sowell and Russ Roberts. This month happens to be the 70th anniversary of the publication of that essay, and our friends at the Fraser Institute in Canada have begun a video series starring Don Boudreaux

Source: Power Line