Central planning vs. complex systems

The problems with HealthCare.gov and the Obamacare rollout go beyond the technical glitches, says Michael Gerson.  He draws on economist Friedrich Hayek, who showed why highly complex systems simply cannot be managed by  centralized technocratic planners. From: Michael Gerson: Ailing Obamacare could become a crisis for liberalism – The Washington Post. The failed rollout has [Read More...]

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Published on October 25, 2013 02:45
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