Gov. Cuomo Admits COVID-19 Projection Models “Were All Wrong,” Yet Clings to the Central Planner’s “Pretense of Knowledge” – Foundation for Economic Education

“There are a lot of variables,” Cuomo admitted. “I understand that.”

But does he really? If he truly understood how infinitely complex social problems are, he wouldn’t act as if they can be solved top-down by politicians, bureaucracies, and a government-connected expert class. He would admit that all central planners can do is stumble around in the dark, breaking things and people.

And if he understood economics, he would realize that the complexity of social problems are such that they can only be managed bottom-up by local actors with local knowledge and skin in the game interacting with each other in a free society and a free market.

https://fee.org/articles/we-all-failed-gov-cuomo-admits-covid-19-projection-models-were-all-wrong-yet-clings-to-the-central-planner-s-pretense-of-knowledge/

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