Timmy elsewhere

At the ASI.

Yet another way of explaining why top down planning doesn\’t work.

2 thoughts on “Timmy elsewhere”

  1. The Pedant-General

    There are some proper morons in there though – practically the first one added a massive unnecessary kink. Though it does illustrate how people can foul up a simple task…

  2. Tim:

    I differ as to whether communication failure is a major reason for failure of centralized economic planning. Especially since most of such planning is implemented through bureaucratic structures and processes, typically quick (and thorough) in those regards.

    Centralized economic planning is certainly stupid (as well as prone to many errors) but not for that reason.

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