The Best Plan: No Plan

Submitted by Bill St. Clair on Sun, 25 Oct 2009 13:40:00 GMT  <== Politics ==> 

Larken Rose - another home run, describing almost as well as I Pencil how market anarchy works, really well, while central planning cannot. Ever.

But isn't that terrifying? There is NO centralized scheme to feed us all! No one is being forced to produce any food, or ship it anywhere. There is NO guarantee that YOU will have anything to eat tomorrow! No one is making sure we all have food! AAAAH!!!

So why do we? Why do we have, not merely enough food to survive (which by itself is an impressive accomplishment), but a huge variety of high-quality, low cost food, even in places hundreds of miles from where most kinds of food can be grown? There wasn't even a big, centralized, concerted effort TRYING to make that happen. So what made it happen?

A guy in Florida, who figured out a new way to keep bugs off his oranges, made it happen. But not by himself. A guy who started a little trucking company in Texas, who figured out how to make things run just a bit faster and more efficiently, made it happen. But not by himself. A farmer in Iowa, who put in the extra time to cultivate that extra field, made it happen. But not by himself. MILLIONS of individuals, not governed or guided by any central plan, most of them not even aware of the rest of the picture, made it happen. But if there was no master plan making them all do what they do, and making them all work together in harmony, what could possibly have made it all work?

Simple: the quest for PERSONAL GAIN. The amazingly complex arrangements, intricate organization, ongoing adaption and problem solving, all come from what is often termed "greed." (This is nothing new to those familiar with "Austrian" economics.) The self-interest of millions of individuals, most of whom know only their tiny little piece of the big picture, is capable of doing what no centralized plan ever has, or ever could.

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Good order results spontaneously

Submitted by Patrick on Sun, 25 Oct 2009 17:54:21 GMT

"Good order results spontaneously when things are let alone."

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