Wednesday, July 8, 2020

Food Wars, Communism, and the Economic Calculation Problem





Because I briefly touched on it in my intro episode, but went on a tangent where I only explained how the Azami Nakiri administration in food wars was NOT communist, I decided I'd explain how it was like communism. I also go off on a bit of a tangent to explain the Economic Calculation Problem, or the Socialist Calculation problem. Also, I realized that in the episode I say that profit margin is revenue minus cost, but that's not correct, that is the profit. I believe that profit margin is the profit divided by the revenue.

Originally Published 04/21/20

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