Why ALL Central Planning is Doomed to Fail

by Bill Bonner
Daily Reckoning

We’re still thinking about how so many smart people came to believe things that aren’t true.

Krugman, Stiglitz, Friedman, Summers, Bernanke, Yellen – all seem to have a simpleton’s view of how the world works.

They believe they can manipulate the future and make it better. Not just for themselves… but also for everyone else.

Where did such a silly idea come from?

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