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Government Planning Doesn’t Fix Economies

Government Planning Doesn’t Fix Economies

Mises Media · Mises Institute

March 24, 2026

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Show Notes

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.

 

Topics

Austrian Economics OverviewPolitics