Tag Archive 'central planning'

Surprise, Central Planning is Still Stupid (Even in China)

shanghai housing construction china
(photo: 2 Dogs)

Modern China has a curious capacity to make otherwise very sensible capitalists instantly forget every experience they’ve ever had with government central planning. The Western businessman on a trip to Shanghai looks up and sees all those gleaming skyscrapers going up on the Yangtze, and he thinks massive state planning must be different somehow in the People’s Republic. It isn’t.

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Hot Water and Civilization in Ukraine

In much of the former Soviet Union, urban heating is still managed at the block rather than per-building level. This is causing some protest from a population growing accustomed to a new ethos of individual convenience. Something we’ve always taken for granted in the the largely non-centrally planned West.

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