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Bryan Caplan on Hayek, Richter, and Socialism

EconTalk

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Is Trump's Shoe Okay?

The theory seems to commit him to saying that everyone will have to wear an orange shoe, but Trump's shoe is okay. Just explain why. "To take risk and to invest and to innovate requires some certainty about what your control over the enterprise and the profits are going to be," he says. 'I find it's somewhat alarming'

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