AmericanChopper

1211 ms·

3391.
by AmericanChopper 9y ago
In a hypothetical perfectly efficient planned economy, you’d assume it would look just like a perfectly efficient free market. However the objectives of a planned economy aren’t market efficiency, the objectives are at least superficially s
3392.
by AmericanChopper 9y ago
This creates exactly the same set of problems. A CEO has to compete with other CEOs, if they don’t do so efficiently they will fail and another will take their place. A government committe doesn’t have to compete with anybody, if they fail,
3393.
by AmericanChopper 9y ago
Resource allocation is the single hardest problem to address in large organisations, and there’s numerous cases of companies withering and dying because they failed to properly align their resource allocation with market forces. Except with
3394.
by AmericanChopper 9y ago
I think you don’t know what central planning means. It refers to a centrally planned economy, which has many problems to overcome that a single entity like Amazon doesn’t. Once a company gets large enough, some of it’s inefficiencies can be
3395.
by AmericanChopper 9y ago
Central planning has always proven to be an inefficient way to allocate resources, so I’m not sure why free markets would be worried about China implementing more central planning.
3396.
by AmericanChopper 9y ago
As an ex-smoker, I’ve heard some highly sensitive stuff in publicly accessible smoking areas.
3397.
by AmericanChopper 9y ago
Maybe I’m just misremembering, but I’m pretty sure Gmail had much better spam detection than anything else when it launched. Back when it was in beta, that was one of the main features I remember talking about when I ditched Hotmail.