History

Socialism-a-palooza

Since socialism is considered groovy among some of the young people--see, for example, "Seeing Red: Millennials Are Cooler With Socialism Than Capitalism"--I provide here a few links to good information, for anybody who can still be persuaded, on socialism's severe downside. Nothing systematic, just some pieces I've run across recently.

"60 Second Refutation of Socialism, While Sitting at the Beach".

"The Socialist Fantasy".

"Hey, Democrats: Here’s the price I paid for your socialist dream".

"Socialism’s Endless Refrain: This Time, Things Will Be Different".

"Socialism Fails Every Time".

"Socialism and 'The Experts'".

"Socialist eras and errors".

And finally, Mrs. Thatcher at the peak of her form, "Thatcher's Last Stand Against Socialism". (4.5 minute video.)


"The Two Movements in Economic Thought, 1700-2000: Empty Economic Boxes Revisited"

A recent paper by Deirdre McCloskey which productively combines and extends two of her recent themes: the "Great Enrichment" and empirical "oomph".

As a bonus, the reader gets a list of 104(!) possible imperfections in the market followed by Prof. McCloskey's ringing declaration that none of them have been shown to be very important empirically.