[js1138]

But the outcomes of games are unpredictable. I would love to hear about a think tank whose 20 and 50 year forecasts are consistently correct. You are saying foxes are smarter and therefore better than hedgehogs. I say capitalism, with all its chaos and waste is a hedgehog, and it is both better and more durable that anything that could be planned by intellectuals. It isn't so much that capitalists are dumb or have lower IQs than intellectuals, it's that they do not attempt to plan for all of society. Intellectuals have contempt for them because they do not "see the big picture." I maintain that no one sees the big picture.

[liberallarry]

I don't disagree with much of this. But all governments, all corporations, all individuals with any sense have think tanks and attempt long-range planning. They have to. We're just more realistic about such exercises than the Communists, or - putting it another way - we're better planners.