Saturday, July 18, 2020

Joe Biden’s New Economic Plan Has All the Earmarks of "Type 2" Socialism - Foundation for Economic Education

Joe Biden’s New Economic Plan Has All the Earmarks of "Type 2" Socialism - Foundation for Economic Education: Joe Biden revealed on Thursday the first part of “Build Back Better,” his plan for economic recovery from the COVID crisis.
"This will be a mobilization of R&D and procurement investments in ways not seen since World War II," Biden said.
Unfortunately, Biden's plan calls to mind "the second pattern" of socialism described by the economist Ludwig von Mises in his treatise Human Action.



Should not be known as the Democrat Party anymore but the Socialist Party

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