Forbes was once a reliable opponent of central planning, but last week it published an article arguing that rebuilding the economy after the pandemic should only take place through the gatekeepers of central planners who know what is best for society. The author, a self-proclaimed futurist named Chunka Mui, has written what he thinks is a “perfect” plan for 2050, and sees the pandemic as an opportunity to impose that plan on the world.
Click image to download a four-page PDF of this policy brief.
Mui observes that many costs are declining, including the costs of computing, communications, energy, and transportation. “Zero cost, however, does not necessarily lead to good outcomes,” he warns. “Too cheap transportation, for example, can worsen sprawl, congestion and pollution.” Continue reading
