[natedogg]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Let's say the experts decide

[/ QUOTE ]
No need to continue.

[/ QUOTE ]Now that's just f*cking stupid.

I know! Let's just have the public vote on whether polymer electrolyte membrane fuel cells or high-temperature catalyst coated fuel cells are better!

[/ QUOTE ]

This attitude is sadly typical and reveals a failure to understand not only the complexities of a market economy, but also a failure to understand that everyone has different priorities and that it's a foolish dream to think that a committee can make decisions that accurately address each individual's priorities.

This maoist view, where a committee of planners can engineer the "right" way for us all to do things, where a select few experts are considered capable of directing something as complex as an economy, this view is sadly typical but wholly, disastrously mistaken. It doesn't work. Yet hope springs eternal that we can find men of goodwill, who will never corrupts, and who possess godlike intellect and genius, who will lead us to utopia through central planning.

"What we need is the all-knowing government to solve our problems!" Ask the residents of New Orleans how that works out in practice...

natedogg