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Alexander Douglas
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Virtually everybody has this idea that governments are capable of correctly discerning the usefulness of things. But if this was truly the case, then socialism would be a viable economic system.

Trump wants a ton of money to build his wall.
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Xerographica

Alexander Douglas

Alexander Douglas

Feb 4, 2019·1 min read

This is a serious puzzle, and it’s the topic of Joan Robinson’s 1971 lecture, ‘The Second Crisis of Economic Theory’.

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Alexander Douglas

Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/

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