AOC’s Poor Understanding of America

The New York representative may have forgotten or never learned what makes the Fourth of July special.Ms. Ocasio-Cortez has little, if any, awareness of where money comes from—no knowledge of finance, of savings and investment, of creating a product or conceiving an invention that adds value to the economy. She operates in a stark and static universe without consequences and trade-offs, without growth or mobility. There are only victims and victimizers. And according to the RealClearPolitics polling average, she’s in fourth place in the 2028 Democratic primary.Socialists have been getting economics wrong since at least 1848. There are several reasons....