The Webb’s “refutation” of Mises and Hayek in their 1935 book extolling Soviet communism

Sidney and Beatrice Webb, the intellectual forces behind Fabian socialism, wrote a 1150 page book extolling soviet communism, and Pigou PROFUSELY PRAISED THE BOOK IN HIS 1936 review in the Fabian mouthpiece, the Economic Journal. The book: https://openlibrary.org/search?q=sovi... AN EXTRACT FROM THE BOOK, BELOW The Abstract Economist’s Criticism of a Planned Economy There is one school […]