Can We Decide on a Main Problem with Socialism? Also: Why the Austrians Are Right About Monopoly

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Is the socialist calculation problem severe enough to account for the collapse of communism? We discuss that, as well as the Rothbardian contribution to monopoly theory, and whether it makes sense to think of a “monopoly price” on the free market. Subscribe to the Tom Woods Show:https://itunes.apple.com/us/podcast/t…
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