
036 - The People's Republic of Walmart, Part 1
General Intellect Unit
00:00
The Faulty Assumptions of Economics
Mises: You can't calculate. Well, long as it says, no, no, like if we take these ideas from neoclassical econ, we could actually do this. Hayek: One of the kind of flawed assumptions really here is that well, you're assuming that you can get the information right to run the calculations. They don't just process information, they create it.
Transcript
Play full episode