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By Mises Institute. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
People must still compete for resources in a socialist economy. In fact, the competition is intense. On the other hand, thanks to markets, basic necessities—and even basic luxuries—are now more more accessible than ever. Original Article: https://mises.org/wire/how-markets-have-delivered-more-economic-equality This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.