In a worldwide context, during the 20th century economic central planning by governments — prophecy at the grandest level — led to so many bad consequences, in countries around the world, that even most socialist and communist governments abandoned central planning by the end of that century.
The failures of governmental prophecies in so many different contexts cannot be blamed on stupidity.
Most of the people who made these prophecies were far more educated than the average person, had far more information at their fingertips and probably had higher IQs as well.
Their intellectual superiority to others may well have given them the confidence to venture into areas where no human being has what it takes to make prophecies that lead to policies overriding the plans and actions of millions of other human beings.
As John Stuart Mill said, back in the 19th century, "even if a government were superior in intelligence and knowledge to any single individual in the nation, it must be inferior to all the individuals of the nation taken together."
sexta-feira, fevereiro 08, 2013
Profetas do socialismo burlão
Prophets and Losses: Part II por Thomas Sowell: