Interesting discussion. A natural question is why did central planning fail so disastrously in communist USSR and China, while WalMart and UPS are doing it so successfully? Is it because of market discipline? -raghu.
^^^^ CB: Also, there was quite a bit of success with central planning in the Soviet Union and China. The Soviet Union grew very rapidly in the first period, then had to rebuild most of it, and did, after the Nazis destroyed most. The ultimate failure might be more attributed to the forced militarization due to the perpetual imperialist onslaughts than central planning. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
