It's undeniably one of economist Milton Friedman's most famous sayings about the failures of central planning: "If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand." This was, of course, a stroke of hyperbole. Not even a billion Keynesian...
It’s undeniably one of economist Milton Friedman’s most famous sayings about the failures of central planning: “If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.” This was, of course, a stroke of hyperbole. Not even a billion Keynesian…