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Socialism Makes People Selfish


Tag: price

Marx Quiz

September 5, 2019 at 11:30 am | Articles, Blog | Ruben Talley -

many people supporters and opponents of marx think that they already know all there is to know about Marx’s theory of value let’s take a brief quiz to find out how much you know here are 10 true or false questions take out a paper and pencil and keep track of your answers I’ll give

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“Marx Quiz”

Free to Choose (1990) (4/5) – The Failure of Socialism

August 18, 2019 at 10:30 am | Articles, Blog | Ruben Talley -

I’m David Friedman. A few days ago I found myself in a conversation with a stranger, defending my father’s views about getting the government out of education. The man I was arguing with responded that education was too important to be left to the free market. It seemed to me he had it exactly backwards.

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“Free to Choose (1990) (4/5) – The Failure of Socialism”

What If There Were No Prices? The Railroad Thought Experiment

August 1, 2019 at 12:29 pm | Articles, Blog | Ruben Talley -

To appreciate why market prices are essential to human well-being, consider what a fix we would be in without them. Suppose you were the commissar of railroads in the old Soviet Union. Markets and prices have been banished. You and your comrades. Passionate communists all. Now, directly plan how to use available resources. You want

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“What If There Were No Prices? The Railroad Thought Experiment”