The Philosophy of Money with Stephen Hicks (WiM350)
The "What is Money?" Show
00:00
The Heikian Intelligence of the Central Planner
The heikian insight is then going to be well let's just lead decentralized it to all of the individual preferences and then all of those commodities will be distributed around the society. Implicit in the central planner of a tour though is this infantilization of individuals because like you're basically saying people don't know what's good for them. Like individuals don't knows what's best for them. I know better. So it's like, take you know what you want to buy and the preferences you want to express on the wrong eye central planner no better.
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