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)
Showing posts with label Central Planning. Show all posts
Showing posts with label Central Planning. Show all posts
Logistical Nightmare
Central planning on the extreme micro level.
Now to be fair, if I'm going to criticize the Obama Administration for spending boatloads of other people's money in the first place, I should at least give them some credit for trying to accurately track that spending.
But trying to force the real world to speak Economese is like mandating everyone in the country to only speak Spanish. It just ain't gonna happen.
(HT: Greg Mankiw)
Now to be fair, if I'm going to criticize the Obama Administration for spending boatloads of other people's money in the first place, I should at least give them some credit for trying to accurately track that spending.
But trying to force the real world to speak Economese is like mandating everyone in the country to only speak Spanish. It just ain't gonna happen.
(HT: Greg Mankiw)
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