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Bryan Caplan on Hayek, Richter, and Socialism

EconTalk

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The New Socialist State and Its Effects on Productivity and Wealth

The most gripping part to size mentioning is that when the socialists take over very quickly, the author is actually a rank and file socialist. The narrator defends this by saying, look, if this were a war, we wouldn't let young men run away from the country,. And what's particularly entertaining is his descriptions of some of the so-called efficiencies that the new socialist state puts in place.

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