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Are economic decisions too important to leave to pols who only understand how to get re-elected?

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Asked By: Jamboreeguy 61-65, M  4 months ago

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    Best Answer (Chosen by Voting):

    breaknfree - 36-40 years old - male

    Posted by breaknfree Jan 23rd, 2013 at 8:27AM

    that is a very good question

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2 Answers to "Are economic decisions too important to leave to pols who only understand how to get re-elected?"

  1. Ketsan - 26-30 years old - male

    Posted by Ketsan Jan 23rd, 2013 at 8:35AM

    There's actually a bigger question here. Why do people think that it's possible for one human being or even a group of human beings to have sufficient information on a system which literally makes hundreds of billions of decisions per day in order to make effective and rational choices?

    Mises showed that this was impossible. The USSR demonstrated that this was impossible and yet people still expect it to be done.

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