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View Diary: “Condensing Friedrich Hayek: How Popularization Radicalized Austrian Economics” (99 comments)

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  •  Hayek's definition of socialism was wrong. (0+ / 0-)

    A centrally planned economy, much like a completely deregulated capitalist economy, leads to an oligarchic society that has little resemblance to real socialism.

    The reason they call it the American Dream is because you have to be asleep to believe it. --George Carlin

    by Charles Garnaat on Wed May 16, 2012 at 03:51:10 PM PDT

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