The Hubris of Central Planning: A Lesson From Jim Grant
25th July 2024
Maharrey began with personal anecdotes to illustrate the unpredictability of life. He shared stories of a day disrupted by a flat tire and an unexpected plumbing issue during a home renovation, underscoring the theme that “you don’t know what you don’t know.” This unpredictability, he argued, is a fundamental flaw in central economic planning.