The Central Planning Arms Race

Source: EconLog
by Jon Murphy

“Regular readers here know that myself and my co-bloggers (both present and former) spend a lot of time talking about the problems of central planning. There are many, many problems with central planning: the Hayek-Lavoie knowledge problem, issues revealed by public choice analysis, and so on. In this post, I want to highlight a big one: creativity.” (09/04/25)

https://www.econlib.org/the-central-planning-arms-race/