Implied Dissent

Monday, November 29, 2004

WTF

It's long been a part of the libertarian/free-market...ethos (not sure if that's the right word, but anyway) that socialist economies can't make the calculations necessary to produce. Prices play a critical role in transmitting information to consumers and producers as to how they should use their resources. Apparently, it's not just economic thinking that gets messed up (via The Balko). I mean, really, did this really sound like a good idea on any level? Read the whole thing, and then tell me again about the goodness of socialism.

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