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Category Archive for 'Central Planning'

If you look at the major risks to human health and well-being around the world, you will quickly come to realize that climate change ranks nowhere near the top of the list. For example, the WHO and various other estimates show that something like 10 million people per year die from easily curable infectious diseases […]

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More from Walden: If I knew for a certainty that a man was coming to my house with the conscious design of doing me good, I should run for my life … … I want the flower and fruit of a man; that some fragrance be wafted over from him to me, and some ripeness […]

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In thinking about arguments that I have heard made against the NSA’s PRISM program (this program is basically the limitless power the NSA seems to be exercising in collecting an ungodly amount of information, without warrant, from all Americans’ use of the internet), a little conundrum came to mind. One of the things the NSA […]

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The Recipe Makes You

I’ve received a ton of correspondence about the role computers may play in the future of central planning. My responses are generally of the following nature: (1) If computing power and complexity improved to the extent that we COULD in principle do central planning, we would NOT NEED them to do central planning. (2) I […]

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Unicorn Hunting

Neither cleverness, nor stupidity, is predictable.

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I frame the analytic discussions about markets versus socialism as a knowledge problem. The key to the success in any “economic system” is to figure out a way to have valuable knowledge and information produced, transmitted and acted upon – even by actors who do not know that they are part of the solution. The standard discussion […]

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Today I reprint a slightly edited piece I put together several years ago. I’d change a lot of it, from the content to the tone, if I were to do it over – but one must live with one’s younger self. Happy Thanksgiving to all. Four centuries after the celebration of the first Thanksgiving, there […]

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Heaven forbid if it were. Happy 100th Anniversary! The following is from “the secret archive,” published as “The Unknown Lenin” (1996), and the entry is dated March 1922: “It is precisely now and only now, when in the starving regions people are eating human flesh, and hundreds if not thousands of corpses are littering the […]

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Halfway to the CAFE

It would be lovely if, when we passed certain rules and regulations, we had procedures in place to review their performance and effectiveness. Today, we sit at the halfway point between the issuance of new CAFE standards as part of the 2009 “Stimulus” package, and the year 2025, the target date for new vehicle fuel […]

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I was in the midst of my high school formative years when a couple of watershed moments in world history happened, and these had fantastically powerful and lasting impacts on me. I grew up in New York City during the Cold War, and there were nuclear fallout shelters in our little Catholic school, and the […]

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