The Problem With Centrally Planned Economy

Economic historian Trevor Jackson joins This is Hell! to discuss two recent pieces: "Overproduction and Its Discontents: Capitalism's inherent predilection for excess" in Baffler Magazine and "The Price of Crypto: Despite its boosters' frequent references to democracy and freedom, cryptocurrency reflects a radical marketization of politics in which major players can rewrite the rules as needed" in the New York Review of Books. You can find the Baffler article here: https://thebaffler.com/latest/overproduction-and-its-discontents-jackson You can find the New York Review of Books article here: https://www.nybooks.com/articles/2023/06/08/the-price-of-crypto-the-cryptopians-laura-shin/