>I doubt it. Hayek's planning problem is getting easier, not more
>difficult, every year, and the wasted effort in transactions costs is
>getting greater. Worth remembering that Hayek's critique of planning is an
>empirical claim about the difficulty of planning, not some fantastic
>logical truth (the Lausanne School's proof of optimal allocation through
>market transactions is another matter). If Hayek had lived in the days in
>which linear and even nonlinear) programming was something that could be
>done on a desktop, he might have wondered.
Anyone worked this out in an interesting way?
Doug