But there are central planners in markets, like the Federal Reserve and the World Bank. Admittedly they don’t have anywhere near as much executive power as the human prefrontal cortex has over the human body; but they do act in the same basic executive function.
Moreover, where this fails (e.g. Somalia) it doesn’t fare too well for the functioning of markets.
But there are central planners in markets, like the Federal Reserve and the World Bank. Admittedly they don’t have anywhere near as much executive power as the human prefrontal cortex has over the human body; but they do act in the same basic executive function.
Moreover, where this fails (e.g. Somalia) it doesn’t fare too well for the functioning of markets.