Common senseHandre (@Handrev):Mises obliterated the entire socialist project in 1920 with one devastating insight: "Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation." The socialists spent the next century pretending this problem didn't ...

A pricing mechanism underpinning the global copper-processing industry faces a major stress test this week https://t.co/2vWFyT0guF ...