what i'm thinking about

why france stays socialist

one of the things i keep coming back to is: how does a country with this much education, this much intellectual prestige, this many engineers and philosophers, stay structurally socialist? mises proved socialism impossible to compute in theory in 1920. hayek explained why in 1945 — the knowledge a market coordinates is dispersed across millions of heads, no central planner can aggregate it. the 20th century then ran the experiment in flesh. east germany against west, north korea against south,
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