Day: 23 January 2023

Socialism and Planning Part 1

The impossibility of ‘One Big Plan’ In any kind of society, people need to plan. Even in the most gung-ho, ruggedly individualist laissez faire society imaginable, there would be plenty of planning. Entrepreneurs would have to plan what and how much to produce, along with the requisite quantities of material and labour inputs needed, in the face […]