[lbo-talk] IT innovation and "the Markets"
John Thornton
jthorn65 at sbcglobal.net
Wed Mar 4 10:35:45 PST 2009
Miles Jackson wrote:
> Chris Doss wrote:
>> Central planning is very good at big, well-defined projects. It's not
>> very good at distributing the end product.
>
> Unless that end product is public libraries, public roads, national
> parks, the internet, basic scientific research, police service, fire
> service, health care, pension funds, public utilities, etc, etc, etc.
>
> Miles
While I agree with your list do you imagine central planning would be as
effective at filling demand for microwaves, TeeVee, pants, shoes and
similar goods?
John Thornton
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