Wednesday, July 20, 2011

Should the U.S. abandon all private investment and switch to a Soviet-style central planning model?

Should we switch to a model where central planners in government decide the best areas for investment instead of free people making decisions in their own self interest? Would a full central planning model create maximum employment by avoiding any and all "structural issues" while at the same time providing all of the goods and services that citizens need and/or want?

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