3min chapter

The "What is Money?" Show cover image

Paradoxes and Theories of Everything with Curt Jaimungal (WiM228)

The "What is Money?" Show

CHAPTER

Are You Going to Get on Someone Who Challenges This Capitalistic System?

I've never heard a socialist or Marxist do is refute the Austrian argument that you can't compute price signals. Instead it just spins off into these epic fantasies of, you know, if I was the one in charge, I could somehow make the socialist utopia a reality. We never had real socialism before, but I think that is just hubristic to the maximum.

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