Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)
The "What is Money?" Show
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Profit Is a Psychic Phenomenon
Mises: Profit is the measurement of the efficiency of the market process. He says race drives innovation, that drives intelligent capital allocation. In Chicago after large numbers of African-Americans left south, murder rates were identical between whites and blacks. Mises: Government programs don't work because they forcibly take people out of one socioeconomic stratum and put them in another.
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