Government 1B: Lesson 26 – The Socialist Calculation Problem

Reading: “Economic Calculation in the Socialist Commonwealth.” This reading can be difficult for a high-school student, so I would rather have you watch this video (click here to watch), from 10:40 to 25:40. Be sure you understand what I mean here: you should watch the entire video below, and then watch from 10:40 to 25:40 of the video you will find at this link.