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

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
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1 min read·
Feb 4, 2019
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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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Written by Alexander Douglas1.3K Followers
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Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/
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