I'm glad folk like Mises' deconstruction of the communist calculation problem. The core problem is that, in communism, the person who pays for stuff isn't the one who decides whether it gets made or not.
Replying to @Alrenous
1/ I once came up with an idea where the state would give everyone social currency instead of votes, then people would bid for "yes" or "no" on bills submitted to congress. A prediction market would measure the economic effect of law. Ppl who voted for bad law would receive
8:41 PM - 27 Jan 2018
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