Ep. 20: Girls Gotta Grift
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About this listen
In 1944, with the end of World War II in sight and the Great Depression finally in the past, America’s rulers were thinking about the next step. Should they adopt the planned, collectivist economies that had spread across Europe in the 1930s or should they embrace free market capitalism? Hayek, understanding just how enticing a move to a planned economy sounded to many at that time, wrote his famous Road to Serfdom, which explains how planned economies always lead to totalitarianism.
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