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> What is the relationship between a centrally planned economy as for example Gosplan was trying to run in the USSR, and the presence of these huge market-like
by RoboTeddy 9y ago
> What is the relationship between a centrally planned economy as for example Gosplan was trying to run in the USSR, and the presence of these huge market-like but centralized entities like Amazon and Wal-Mart inside a free-market economy?
Amazon may not be trying to turn a profit short term, but they still pay huge amounts of attention to price signals. Prices are composable flows of information about demand and difficulty of production.