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He Predicted the Soviet Collapse in 1922 #Shorts

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He Predicted the Soviet Collapse in 1922 #Shorts

In 1922, Ludwig von Mises made one of the most shocking arguments in economic history. He claimed that socialism was not just dangerous — it was impossible. Without markets, there are no real prices. Without prices, there is no information. And without information, central planners cannot rationally decide what to produce, how much to produce ...

823 views1 month ago

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