‘Socialism: The idea that never dies’, the recent book from the IEA’s Head of Political Economy Kristian Niemietz, is quoted in City A.M. by Dr Rainer Zitelmann.

Dr Zitelmann references Kristian’s analysis that socialist experiments follow three phrases; the honeymoon period, the excuses phase, and the not-real-social stage.

And thus the delusion of socialism continues, with the hope that “next time, everything will be better”.

Read the full piece here.