Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics.
Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics.
Legislating against unfairness in order to achieve "equal" outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those outcomes worse.
Clark Packard, Scott Lincicome, and Alfredo Carrillo Obregon
In September 2024, undergraduate students will have an opportunity to participate in the Fall Mises Book Club, a program that promotes deep reading in Austrian economics.