The Education Calculation Problem

In the last century a minority of great economists, led by Ludwig von Mises, clearly and forcefully pointed out the impossibility of calculation and planning under a socialist economy.  History bore them out, and the Soviet Union collapsed under the crushing weight of its own absurdly uncoordinated…


The Craziest Ideas Are the Ones Most In Need of Intelligent Responses

As soon as you say, "Everyone should believe X, and if you don't, you're a crazy", you make X look both less desirable, and more likely to be mistaken. If X really is obvious, you needn't pressure everyone to accept it. Anyone who denies the irrefutable is not going to be pressured anyway. An…