David Edward Garber (@DaveGarber1975)
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This Foundation for Economic Education (FEE) episode features how, as Boris Yeltsin observed in 1989, state-run grocery stores (like those in the former USSR) have never fared well compared with free-market grocery stores (like those in the USA)---and who this difference illustrates how capitalism (with its price system) fosters effective decentralized economic planning that leads to abundance while socialism's central economic planning innately fails and fosters scarcity instead. Let's please keep markets free to thrive! https://www.youtube.com/watch?v=Ar7xE4KVBCY #Economics #FreeMarkets #Capitalism #Socialism #CentralPlanning #GroceryStores