> We could give people money, or we could say "up to so many kilowatt/hours this is free" or "you are entitled to this set-amount of groceries for free".
The point of the article, is that centralized planners are really bad at calculating these things, thus the eventual collapse of the Soviet Union and China moving to a much more market based economy.
The point of the article, is that centralized planners are really bad at calculating these things, thus the eventual collapse of the Soviet Union and China moving to a much more market based economy.