As posted by the Mises Wire, Christopher P. Casey writes...
"How can government officials determine how many runways an airport requires or how long or to where a pipeline should extend absent prices? Without private property, which generates prices and correspondingly, profit and loss, an economic fog descends which clouds all decision making. In this context, government officials determining infrastructure spending are no different than a Soviet official deciding how much wheat to plant, which shoes and shoe sizes should be produced, or how much caviar to pull from the Caspian Sea. And the results will be the same."
See link/site for entire article...
https://mises.org/blog/donald-trumps-whig-showing
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