X @Elon Musk

RT Handre van Heerden (@Handrev)In 1920, Mises dropped an intellectual atom bomb on socialism with a simple question: "How do you know what anything costs without market prices?"While Soviet planners were drowning in millions of arbitrary calculations, trying to set prices for everything from bread to bulldozers by committee, Mises had already proven it impossible. As Rothbard later quipped: "Socialist calculation is like trying to play chess blindfolded while your opponent keeps moving the board."Today's c ...