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Defeating Socialism In 22 Minutes and Lessons from the Soda Market

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November 07, 2009 – Comments (5)

These are two great videos I can't recommend highly enough. Thanks as usual to the my favorite bow tie afficianado, Jeffrey Tucker, editor at the Von Mises Institute and a man kind enough to return email correspondence from me from time to time whenever I am stumped.

This first video is a Masters thesis presentation from Samir Nagonna... Nagonna.. Not Gonna Work Here Anymore, That's For Certain... no I kid.  (bad Office Space reference.)  It's from Abhinandan Mallick (University of Birmingham) and he tackles Mises' calculation problem of the Socialist commonwealth where zloj left off (Great respect for zloj though for taking the time to investigate the counter-opinion even if though he vehemently disagreed. Many don't have the intellectual courage or honesty to take that plunge.)

Here's the vid. 22 minutes of your time. Please give it a shot.

A Combinatorial and Praxeological Exploration of the Economic Calculation Problem from Abhinandan Mallick on Vimeo.

This second video is not as dry, literally. I really think you'll enjoy. I thought it was interesting and entertaining. It's a closer look at the various obstacles the entrepreneur faces in the soda market as well as the vast number of selections that exist in various parts of the world where these obstacles do not exist. Great stuff.  This one is 13 minutes long.

Enjoy your weekend!

David in Qatar

 

 

5 Comments – Post Your Own

#1) On November 07, 2009 at 12:33 PM, Judochop172 (26.77) wrote:

I love the old glass bottle cokes before corn syurp. The empty 7oz.ers made great little bottle rocket holders.

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#2) On November 07, 2009 at 12:50 PM, wolfman225 (68.74) wrote:

I have one of the last 16oz glass bottles of Coke (metal bottle cap, not twist-off).  I bought it and put it aside when they first announced the introduction of "New Coke".  It's truly the original, not "Classic" or anything like that.

Hell, the way my stock picks have been going, this may well be my best investment to date! :)

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#3) On November 07, 2009 at 12:55 PM, Judochop172 (26.77) wrote:

"New Coke" That was the worst idea... until the release of Windows ME.

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#4) On November 07, 2009 at 2:27 PM, ReadEmAnWeep (48.99) wrote:

^ or windows 95,2000,vista. XP was pretty good. No idea how 7 is.

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#5) On November 07, 2009 at 8:14 PM, starbucks4ever (97.42) wrote:

Thanks for reminding me. I will have to write a comment or two about the remainder of Mises' article (and yes, I did get to the end of it after all!). 

The Libertarian approach has its merits, it's just that I don't think it invalidates other approaches. 

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