Excursions into Socialist Calculation
November 13, 2015
12 min
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2,247 of 4,836
November 13, 2015
Excursions into Socialist Calculation
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12:24This episodeExcursions into Socialist Calculation
Summary
This is a sample of the <a href="http://www.libertarianism.org/podcasts" target="_blank"><em>Excursions</em></a> podcast from Libertarianism.org. In this episode, <a href="http://www.libertarianism.org/people/george-h-smith">George H. Smith</a> discusses the marginal utility revolution in economic thought. This revolution provided the foundation for Ludwig von Mises's argument that rational economic calculation is impossible in a socialist economy.<hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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