Central Planning is Good When It Fits Your Purpose

Bill Easterly hits the nail right on the head when it comes to "military development" and "nation-building."

critics of top-down state plans for economic development are also not fans of top-down state plans for military development. If the Left likes the first, and the Right likes the second, that just shows you how incoherent Left and Right are.

(HT: EconLog)

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