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20 sats \ 1 reply \ @Undisciplined 13 May \ parent \ on: Wealth Generation and the Market Economy econ

If people had understood this, they never would have worried about the USSR surpassing America and they wouldn't be worried about the Chinese today.

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26 sats \ 0 replies \ @Rothbardian_fanatic OP 13 May

I think that they would have had to have read Hayek’s acceptance speech for the Nobel Prize!! Pretense of Knowledge, indeed!

I think anybody would profit from and rest easy about commercial competition after reading that one. Another point to consider, the progressive/lefty/collectivist/Marxist/socialist/communist/murderers cannot give straight data, on population, on economy or on health. I read recently that the more accurate estimation of Chinese population may be about 478 million. Why should we worry about them at all?

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