This is a great example of why the government should never manage the economy. The more government manages, the more it will mess things up. Over time this is nearly always true. It is absolutely true in China.
Tag Archives: planning
The Air is a “Soup” of Pollution in Parts of China, State Capitalism Fail
I often hear that the USA is a horrible polluter. That we use all the energy, expand our carbon foot print, and so increase the risk of global warming for the rest of the world.
Central Planning Defined by Walter E. Williams
Professor Williams is a favorite of mine, and I stumbled across this short video earlier today.
