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Stocks, Manure, Gold, and Socialism: Markets and Bad Ideas
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Mises Institute
Mark Thornton opens with an update on the “Stocks versus Manure” prediction contest, where agricultural stocks are beating the S&P 500 year to date.
On Side B, Thornton appears on NTD to discuss the rising appeal of democratic socialism among younger Americans.
Mark also explains why socialism fails in theory and practice, from the calculation problem to incentives, and why education is essential to reversing the trend.
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