Tuesday, March 14, 2006

Central planning is hard work

Central planning is very hard work (impossible according to some) and the one-size-fits-all fallback usually makes things worse.

Today's WSJ includes "China's Winter of Discontent ... Mao-Era Policy Provides Heat Up North but None in South; Shivering Citizens are Fed Up ..."

Sad but true. Planners drew a line across the map of one of the world's largest land masses and ruled heat on one side of the line, no heat on the other.

It's an old story but the absurdities have to be pointed out. The fallback position of many smart people all over the world is still that "the government" will somehow take charge and make things right.