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Planning, egos and resources

Does central planning have an issue with resource allocation? Does a free market economy do any better?
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Phil and Steve pick up from last week’s discussion about the merits of central planning. Last time they talked about how big companies, like Walmart in the US, plan centrally, yet free marketeers have a problem with that sort of coordination being applied to the free market. This week Phil asks how you can ensure that government planning can ensure reso…

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