Stack Overflow's forum is dead thanks to AI
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Stack Overflowβs forum is dead thanks to AI, but the companyβs still kickingβ¦ thanks to AI β Sherwood News (and a few links onβ¦
Interesting article: [Wayback/Archive] Stack Overflowβs forum is dead thanks to AI, but the companyβs still kickingβ¦ thanks to AI β Sherwood News. with this important quote: The complexβ¦
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A YouTuber who risked his life to give the North Sentinel Island tribe Diet Coke has escaped a prison sentence
Mykhailo Viktorovych Polyakov received only a fine and has since shared footage of his visit despite being ordered to surrender it
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Mykhailo Viktorovych Polyakov received only a fine and has since shared footage of his visit despite being ordered to surrender it
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One unexpected benefit of AI automation may be that it encourages us to seek security in hierarchy once again, in line with the human experience for 99.99% of the last 200,000 years
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Cleveland life hack to get cheap property!
-> Shoot the realtors that show up at the house you plan to buy.
This will guarantee a cheap bargain price.
Yeah⦠Cleveland is screwed
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-> Shoot the realtors that show up at the house you plan to buy.
This will guarantee a cheap bargain price.
Yeah⦠Cleveland is screwed
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Forwarded from DoomPosting
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Southwest Airlines goes full patriot mode in honor of America 250
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Forwarded from DoomPosting
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As a young socialist, Hayek read Ludwig von Misesβ 1920 paper βEconomic Calculation in the Socialist Commonwealth.β
Mises showed that socialist central planning isnβt merely inefficient, itβs impossible.
Without private property and genuine market prices, planners lack any rational way to allocate scarce resources or determine real costs and needs.
Even Oskar Lange, a leading socialist in the calculation debate, effectively conceded the point.
While he promoted βmarket socialismβ with trial-and-error pricing by a central board, real-world socialist planners in Eastern Europe quietly relied on world capitalist market prices as a guide.
Without external free-market price signals, pure socialism would be economically blind and coordination would collapse.
Mises went further, arguing that interventionism, the βmiddle wayβ of government meddling, is inherently unstable.
Each intervention creates problems that invite more interventions, eventually leading to full socialization.
Price controls cause shortages, subsidies distort production, and the cycle continues until the economy is fully planned.
The lesson is clear.
Rational economics requires genuine market prices emerging from voluntary exchange and private property.
Half-measures donβt stabilize the system. They accelerate the drift into central planning.
The Austrian School understood this decades before the collapse of the Soviet bloc proved it in practice.
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Mises showed that socialist central planning isnβt merely inefficient, itβs impossible.
Without private property and genuine market prices, planners lack any rational way to allocate scarce resources or determine real costs and needs.
Even Oskar Lange, a leading socialist in the calculation debate, effectively conceded the point.
While he promoted βmarket socialismβ with trial-and-error pricing by a central board, real-world socialist planners in Eastern Europe quietly relied on world capitalist market prices as a guide.
Without external free-market price signals, pure socialism would be economically blind and coordination would collapse.
Mises went further, arguing that interventionism, the βmiddle wayβ of government meddling, is inherently unstable.
Each intervention creates problems that invite more interventions, eventually leading to full socialization.
Price controls cause shortages, subsidies distort production, and the cycle continues until the economy is fully planned.
The lesson is clear.
Rational economics requires genuine market prices emerging from voluntary exchange and private property.
Half-measures donβt stabilize the system. They accelerate the drift into central planning.
The Austrian School understood this decades before the collapse of the Soviet bloc proved it in practice.
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