Episode 169: John Stossel Joins Words and Numbers Pt. 1
Words & Numbers
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Introduction
A woman in the UK ordered two pounds of sweet potatoes and received a single massive two pound potato. In a market economy, businesses spend tremendous effort figuring out what people want and delivering it. But in a centrally planned economy, businesses seek to avoid running afoul of the central planners. This is an imperfect way to arrange matters because it involves a lot of trial and error.
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