Do you think NASA got to the moon by waving dead chickens over satellite parts, or getting rhetorically over-excited? Or did NASA actually manage to do that rational planning thing, at least for a while?
Or did NASA actually manage to do that rational planning thing, at least for a while?
"Engineering-style decisionmaking works well for NASA, so it must work for society as a whole."
"Walrasian double-auctions work at the fishmonger's, so they must work for society as a whole."
Compare and contrast.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.