nostrich on nostr

How Austrian School Economists Crushed Karl Marx’s Socialism 1️⃣ Ludwig von Mises and the Economic Calculation Problem Beyond Incentives: Mises argued that the fundamental flaw in socialism i...

nostrich 1738592452

Just coming across this post on my feed. This is great!

I posted something similar later than this one but I made ChatGPT do most of the work.

Let me know what you think!

nostrich · 59w

I hand-picked certain classical liberal/libertarian intellectuals and asked ChatGPT to describe briefly how they debunked Socialism. Here's what it responded with: 1. Mises – Economic Calculation Problem: Without market-driven prices, socialist economies lack a mechanism for Show more

❤️1