central planning and the fall of the u.s. empire

The massive economy of a modern superstate is too complex for a small group of people to manage.  Too much data.  Too many uncertainties.  Too many moving parts.  

The only way to manage an economy as complex as this is to allow massively parallel decision making.  A huge number of economically empowered people making small decisions, that in aggregate, are able to process more data, get better data (by being closer to the problem), and apply more brainpower to weighing alternatives than any centralized decision making group.

via Global Guerillas