My premise is that most politicians say anything that furthers their agenda and helps them get elected. My dream is that by pointing out that what they say is a sham and shaming them for posturing, they will posture less and govern better. I don't expect success. If Jon Stewart and Tucker Carlson have been unsuccessful, what chance do I have? I also occasionally add my own commentary and thoughts. The opinions here are mine. No one reviews or approves what I post.
Saturday, August 26, 2023
What Paul Samuelson wrote about the Soviet Union is a sham and a shame.
Bryan Caplan wrote: "I learned my Econ 1 from Samuelson’s 1989 textbook which told us that 'the Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive'!" Dr. Samuelson pioneered the modern approach to economic theory. However, he lacked a good grasp of history; perhaps ideology led him to see what he believed.
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