tag:blogger.com,1999:blog-3758330678390419129.post2556289192019399030..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Some Confusion About Intellectuals and SocialismRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-22718001856487494742019-08-28T21:52:45.958-04:002019-08-28T21:52:45.958-04:00The whole idea that collecting detailed economic i...The whole idea that collecting detailed economic information could help (with the aid of whatever mighty computers, models, and algorithms) to manage the economy is totally idiotic. The very process of "managing" (i.e. regulating and manipulating to prevent some trades and artificially force and encourage other trades which wouldn't happen in a free market) is destroying the averroshttps://www.blogger.com/profile/15741658997038386075noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83791337171960133662019-08-28T14:50:03.305-04:002019-08-28T14:50:03.305-04:00"The problem is there is too much information...<i>"The problem is there is too much information, changing all the time, that makes central planning unsuccessful, even if individuals "sensibilities" matched up with the general public. In short, it is not the type of person doing the planning that is the problem but that no person, group, or computer could successfully do central planning."</i><br /><br />That was my point, Pandemichttps://www.blogger.com/profile/02315340208949970292noreply@blogger.com