Why Do Socialists Hate Families?

A friend (and former student) of mine was a part of a team that went to Russia right after the collapse of the old Soviet Union to try and teach them how capitalism is supposed to work.

He tells of a Russian female who proudly demonstrated to him the econometric model that she used to “calculate.”

He ask her, “Where do you get your prices?” Be honest with yourself. Close your eyes and try to guess what she said. OK, open them. I’d bet none of you guessed right. She said, “from The Wall Street Journal.“

That should tell us something about socialism. — jtl, 419

Flyover-Press.com

One of Ludwig von Mises’s most important contributions was to point out that economic calculation is impossible under socialism.
A friend (and former student) of mine was a part of a team that went to Russia right after the collapse of the old Soviet Union to try and teach them how capitalism is supposed to work.
He tells of a Russian female who proudly demonstrated to him the econometric model that she used to “calculate.”

He ask her, “Where do you get your prices?” Be honest with yourself. Close your eyes and try to guess what she said. OK, open them. I’d bet none of you guessed right. She said, “from The Wall Street Journal.

That should tell us something about socialism. — jtl, 419
by Jonathan Newman at the Mises Wire

The Essence of Liberty: Volume I: Liberty and History: The Rise and Fall of the Noble Experiment with Constitutionally Limited Government (Liberty and ... Limited Government) (Volume 1) The Essence of Liberty: Volume II: The Economics of Liberty (Volume 2) The Essence of Liberty: Volume III: A Universal Philosophy of Political Economy (Liberty: A Universal Political Ethic) (Volume 3)One of Ludwig von Mises’s most important contributions was to point out that economic calculation…

View original post 1,792 more words

About Land & Livestock Interntional, Inc.

Land and Livestock International, Inc. is a leading agribusiness management firm providing a complete line of services to the range livestock industry. We believe that private property is the foundation of America. Private property and free markets go hand in hand—without property there is no freedom. We also believe that free markets, not government intervention, hold the key to natural resource conservation and environmental preservation. No government bureaucrat can (or will) understand and treat the land with as much respect as its owner. The bureaucrat simply does not have the same motives as does the owner of a capital interest in the property. Our specialty is the working livestock ranch simply because there are so many very good reasons for owning such a property. We provide educational, management and consulting services with a focus on ecologically and financially sustainable land management that will enhance natural processes (water and mineral cycles, energy flow and community dynamics) while enhancing profits and steadily building wealth.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s