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To: CobaltBlue
Are you talking to yourself? The topic has nothing to do with Nazi economics. Just because you have degree in European War History doesn't mean that you understand the American economic history. Much less the present reality. Amazingly, you don't seem to be able to lock on it at all. Please, keep living in you closet and don't fret if I fail to be impressed. (Luckily) I'm not your student.
143 posted on 03/21/2004 8:14:31 AM PST by CrucifiedTruth (The Crucified Truth lives forever.)
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To: CrucifiedTruth
The reason I bring up the Nazis is that they tried your idea and it failed. They tried their best to control industry and capital according to an elaborate master plan, but elaborate master plans are not able to respond to the almost random, almost chaotic, flow of information necessary for the function of free markets.

You want the government to decide how many factories people build, and what kind of goods they produce, and that doesn't work. Central planning doesn't work. Period, end of message. Central planning causes poverty. Every country that has ever tried central planning has turned into an economic wasteland.

The US, on the other hand, is incredibly prosperous, due to the free flow of capital through free markets.

The US has never had central planning. We've never had governments telling us what industries we need. We don't need that. Never have, never will.

Ricardo was right. We're better off producing what we produce best, rather than worst.


144 posted on 03/21/2004 8:27:33 AM PST by CobaltBlue
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