Our thesis accepts as a matter of unchanging economic law the fundamental inefficiency of centralized government planning over free market decision-making. The reader can turn to these works for a nearly complete defense of the concept:
Mises in particular, and his Nobel Prize-winning student, F. A. Hayek, conclusively proved that without the price mechanism of the free market, socialist planners can never allocate resources in the most efficient manner. Mises’ work has never been refuted:
If we eliminate all socialism, we eventually come to a position scholars call "anarcho-capitalism." It is pure laissez-faire capitalism. More resources are found in the Bibliography below.