Friday, February 25, 2011

Krugman on Central Planning

This is a quick piece on economics & organization. Why do we have central command and control organizations if the free market works so well? In this piece, Krugman talks about Boeing, but it's true throughout our economy. And although many so-called conservatives would be loath to admit it, their favorite organization, the military, is very command and control. A very informative piece for about 30" of reading!