give two different reasons why Hayek expected an economic collapse in every socialist country. Each reason (A
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Question:
give two different reasons why Hayek expected an economic collapse in every socialist country.
Each reason (A and B) must use economic fundamentals to demonstrate the problems expected by Hayek. (note: It is not sufficient simply to state that in the late 20th century many socialist countries collapsed, proving Hayek’s long term forecast. You must give two of Hayek’s reasons.)
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ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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