Socialism with Yuri Maltsev - Episode 113

Apr 2, 2020

The Engineer of Finance and Yuri Maltsev discuss the evils of socialism. Yuri N. Maltsev is a Professor of Economics at Carthage College in Wisconsin. He’s held various government and research positions in Moscow, Russia. He has authored and co-authored fifteen books and over a hundred articles. He is a recipient of the Luminary Award of the Free Market Foundation.

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

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• For resources and additional information on this episode go to http://engineeroffinance.com 
• Connect with Ken Greene
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• Yuri Maltsev’s books link: https://www.amazon.com/Yuri-Maltsev/e/B00FKJFAL0/ref=dp_byline_cont_book_1 
• [e-mail] 
• https://mises.org/profile/yuri-n-maltsev
• https://www.carthage.edu/live/profiles/116-yuri-maltsev
  
  

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Show Notes

• A special guest today! - 1:41
• Author of five books - 2:31
• Most people don’t know what socialism is - 3:16
• What is socialism? - 4:12
• Socialism is evil - 4:42
• Socialism vs communism - 4:50
• Abolition of private property - 5:46
• It works with fear - 7:13
• Socialism and central planning - 8:03
• What happened with the Soviet Union - 9:57
• Socialism and slavery - 13:17
• Bernie Sanders and his idea of socialism - 15:53
• What happens today in Cuba - 18:30
• People die with socialism - 21:00
• Talking about capitalism and socialism - 22:27
• Health care and insurance - 29:56
• Socialism and free health care insurance - 31:47
• Obama health care - 35:17
• Growing up in the Soviet Union - 36:15
• Yuri’s stories - 40:05
• A choice between life and death - 40:50
• China’s example - 43:07
• Yuri’s experience going to China 20 years ago - 45:43
• Coronavirus and the movement of money - 47:07
• Science should guide us - 50:30
• How money can move and families can create wealth again - 52:10

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