Tag Archives : Central planning
The Heavy Cost of Czechoslovakian Socialism
A story with a semi-happy ending.
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Government-Directed Industrial Policy Will Hinder China’s Growth
Why Made in China 2025 won’t succeed.
read more...The Problems With Green Central Planning
More examples of the damage done by economic planning.
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Nazism and Communism Are Two Sides of the Collectivist Coin
Big government is coercive government,
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Montreal Learned the Wrong Lesson from Ayn Rand
Montreal institutes Directive 10-289.
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If We Want Prosperity, Prices Should Be Determined by Markets Rather than Politicians
Video shows the value of prices.
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To Protect Liberty, Don’t Let Governments Collect Data
Imagine how much freer we would be if Washington didn’t have access to our private information.
read more...After Reviewing the Federal Reserve’s Lousy Track Record, Thomas Sowell Asks Why such a Deeply Flawed Institution Should Be Allowed to Accumulate more Power
When speaking about the difference between the private sector and the government, I sometimes emphasize that mistakes and errors are inevitable, and that the propensity to screw up may be just as prevalent in the private sector as it is in the public sector. I actually think the government is more likely to screw up, for […]
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So-Called Paycheck Fairness Act Would Allow Government to Second-Guess Private Markets
Back in 2010, I cited the superb work of Christina Hoff Summers as she explained that we should let markets determine wages rather than giving that power to a bunch of bean-counting bureaucrats. She wrote that article because leftists at the time were pushing a so-called Paycheck Fairness Act that would have given the government […]
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China’s Economic Model Is Superior…if You Think U.S. Living Standards Should Drop by 80 Percent
I’m glad that China has taken some steps away from communism. According to Economic Freedom of the World, China was one of 10-worst nations for economic liberty back in 1980 and they’ve since climbed to 92nd place out of 141 nations. I’ve even offered a small bit of praise for China’s shift to a more […]
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