Things that put me off central planning…

Demographic trends for India, the second most populous country in the world, suggest that a million new workers will join the labour force every month for the next two decade.

Plan that? The very thought terrifies me.

UPDATE:

But then, a basic modern capitalist mixed economy comes out of this paper well:

The two most consistent factors that predict overall entrepreneurship are local education levels and the quality of local physical infrastructure.

Little grist to the mill for libertarians or socialists here.

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