Perfect information is a requirement for a centrally planned economy. In the spontaneous order of a free economy, no one is responsible for everything – each pe

Perfect information is a requirement for a centrally planned economy. In the spontaneous order of a free economy, no one is responsible for everything – each person acts based on the part of the economy and their wants and needs that they are aware of, and people aren't stuck relying on some top-down, centralized power to impose one-size-fits-all solutions.