Hayek and Mises warned that centrally planned economies fail, and that intervention breeds inflation, instability, and boom-bust cycles. Yet socialism is trendy again, and politicians still think they can “manage” the economy. Ryan McMaken joins John Stossel to explain why Hayek and Mises matter now more than ever.
The original Stossel TV interview is available at https://youtu.be/WxW7JRc414Y
